fbpx
Print this page
Thursday, 02 May 2019 10:12

$5.7m loyalty payments to top shareholders

Written by 
Alliance chief executive David Surveyor. Alliance chief executive David Surveyor.

Meat co-op Alliance Group has distributed $5.7 million in loyalty payments to key shareholders.

The quarterly payments have been made to the co-op’s Platinum and Gold shareholders who supply 100% per cent of their livestock to the company.

Farmers are paid an additional 10c/kg for each lamb, 6c/kg for a sheep, 8.5c/kg for cattle and 10c/kg for deer.  The payments cover the period January-March 2019.

David Surveyor, Alliance chief executive says its loyal shareholders are, and always have been, the backbone of the cooperative.

“Our co-operative principles state our farmer shareholders are at the heart of every decision we make and we reward them for their committed and consistent livestock supply.

“Alliance is focused on creating prosperity for farming families. That’s why every dollar we make is either delivered back to farmers or re-invested into the cooperative so we can continue to improve our performance and lift returns to shareholders.

“We are working  to create a stronger cooperative as we continue our transition to become a world-class food and solutions business.”

Alliance Platinum and Gold shareholders are being encouraged to apply to attend Alliance’s inaugural Know your co-operative seminar in July.

The seminar will include presentations on a range of areas from members of Alliance’s executive leadership team and the board.

“This is an opportunity for some shareholders to gain a more in-depth understanding of Alliance,” says Surveyor.

“We hope those who attend will feel better informed about the cooperative and be able to share their knowledge with other farmers.”

The seminar from 3rd-5th July in Christchurch will be limited to a maximum of 10 people.

Applications must be emailed to Alliance Company Secretary Danny Hailes at This email address is being protected from spambots. You need JavaScript enabled to view it. by 12 noon, 15 May .

More like this

Featured

NZ household food waste falls again

Kiwis are wasting less of their food than they were two years ago, and this has been enough to push New Zealand’s total household food waste bill lower, the 2025 Rabobank KiwiHarvest Food Waste survey has found.

Editorial: No joking matter

OPINION: Sir Lockwood Smith has clearly and succinctly defined what academic freedom is all about, the boundaries around it and the responsibility that goes with this privilege.

DairyNZ plantain trials cut nitrate leaching by 26%

DairyNZ says its plantain programme continues to deliver promising results, with new data confirming that modest levels of plantain in pastures reduce nitrogen leaching, offering farmers a practical, science-backed tool to meet environmental goals.

National

Machinery & Products

Tech might take time

Agritech Unleashed – a one-day event held recently at Mystery Creek, near Hamilton – focused on technology as an ‘enabler’…

John Deere acquires GUSS Automation

John Deere has announced the full acquisition of GUSS Automation, LLC, a globally recognised leader in supervised high-value crop autonomy,…

Fencing excellence celebrated

The Fencing Contractors Association of New Zealand (FCANZ) celebrated the best of the best at the 2025 Fencing Industry Awards,…