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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.
More of the same please, says Federated Farmers dairy chair Karl Dean when asked about who should succeed Miles Hurrell as Fonterra chief executive.
A Waikato farmer who set up a 'tinder' for cows - using artificial intelligence to find the perfect bull for each cow - days the first-year results are better than expected.
Fonterra says it's keeping an eye on the Middle East crisis and its implications for global supply chains.
The closure of the McCain processing plant and the recent announcement of 300 job losses at Wattie’s underscore the mounting pressure facing New Zealand’s manufacturing sector, Buy NZ Made says.
Specialist agriculture lender Oxbury has entered the New Zealand market, offering livestock finance to farmers.
New research suggests Aotearoa New Zealand farmers are broadly matching phosphorus fertiliser use to the needs of their soils, helping maintain relatively stable nutrient levels across the country’s agricultural land.
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