Meat co-op seeks capital from farmer shareholders
Meat processor Alliance Group is asking farmer shareholders to inject more capital in order to remain a 100% co-operative.
Alliance is encouraging farmers to attend its Annual Roadshow throughout September and October.
The co-operative will host 20 roadshow meetings across New Zealand, starting in Feilding on 27 September and finishing in Mossburn on 18 October.
Alliance chief executive David Surveyor says the co-operative team looks forward to meeting with farmers.
“Nothing beats getting out around the country and meeting people in our rural communities,” he says.
“The roadshow is a great opportunity for our farmers and anyone interested in supplying the co-operative to hear first-hand from directors and senior managers.
“We have had a difficult year with the global pandemic and weather events among the many challenges for the co-operative, but the team has worked hard to deliver for our farmers,” Surveyor says.
The roadshow will include an update on the co-operative’s performance, progress, strategy and plans for the future as well as outlining the challenges, opportunities and market outlook.
Farmer-led charity, Meat the Need is calling for donations to enable it to supply more meals to families in need.
Weaker pricing and demand from China continue to impact New Zealand red meat export earnings.
Fonterra has cemented its position as the country’s number one cheesemaker by picking up nine NZ Champion of Cheese trophies this year.
New Zealand dairy processors are welcoming the Government’s commitment to continuing to push for Canada to honour its trade commitments.
An educational programme, set up by Beef + Land New Zealand, to connect farmers virtually with primary and intermediate school students has reported the successful completion of its second year.
Horticulture NZ chief executive Nadine Tunley will step down in August.