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Alliance Group chief executive, David Surveyor.
Red meat cooperative Alliance Group will be paying $5 million to some of its farmer shareholders.
The quarterly payments have been made to Alliance’s Platinum and Gold shareholders who supply 100% 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 April-June 2020.
The latest distribution brings the total amount distributed to loyal shareholders for the 2019-20 season to $13 million.
Alliance Group chief executive, David Surveyor says the loyalty programme is an important part of the co-op’s strategy.
“Platinum and Gold shareholders receive a host of other benefits including priority processing, which is particularly important during challenging times such as droughts, and prioritised access to minimum price contracts. They can also take advantage of our free store stock facilitation service.
“Success for Alliance is processing our farmers’ livestock, keeping our people safe, preserving jobs and income, supporting our local communities and maximising prices in global markets.”
Meanwhile, farmers are being encouraged to register to attend Alliance Group’s 2020 Annual Roadshows over September and October. Twenty-three meetings will be held across the country, starting out in Omihi on 22 September and finishing in Cromwell on 20 October.
Alliance Group and the Southland Stags rugby team have joined forces in a partnership that will see the the meat co-operative's farmgate brand feature on players' team kits and replica jerseys.
Alliance Group chief executive Willie Wiese is leaving the company after three years in the role.
Alliance Group has commissioned a new heat pump system at its Mataura processing plant in Southland.
Alliance and Dawn Meats have completed their new strategic partnership.
After two years, Alliance Group has returned to profit.
The South Island Dairy Event's BrightSIDE has named Jessica Kilday as the recipient of the BrightSIDE Scholarship, recognising her commitment to furthering her education and future career in the New Zealand dairy industry.
Scientists from the Bioeconomy Science Institute Maiangi Taiao has achieved a successful cocksfoot-ryegrass cross capable of producing fertile seed, a world-first.
The South Island Dairy Event (SIDE) returns to Lincoln University next month.
The subdivision and sale of the Rangiora's Coldstream Estate in 1921 was advantageous for not one, but four Cantebury families - but one in particular has become synonymous with outstanding Holstein Friesian cattle.
The Beef + Lamb New Zealand (B+LNZ) annual meeting held in Timaru today saw directors' fees raised and the appointment of KPMG as an auditor for the levy body.
A new Westpac NZ community banking van begins making visits around Northland this week.
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