Red meat sector reaffirms commitment to China
The next phase of the Taste Pure Nature campaign has been launched in Shanghai, China.
Alliance Group says it has paid farmer shareholders a further $1.67 million in loyalty payments.
This brings the total bonuses it has distributed for the season to $15.2m.
The latest quarterly payments were made to the co-operative’s ‘platinum’ and ‘gold’ shareholders who supply 100% of their livestock to Alliance. The latest payments cover the July to September period.
Last season, Alliance paid out $14.6m in loyalty payments to shareholders. Chief executive David Surveyor said the increase on last season is good news for farmer shareholders.
“Our loyalty payments programme rewards our farmers for committed and consistent supply. As a co-operative, we are focused on ensuring the interests of our shareholders are at the heart of every decision we make.
“Farmer shareholders also benefit in other ways including yield contracts, priority processing, an opportunity to participate in premium portfolio opportunities and free store stock facilitation.”
Platinum and gold shareholders are paid an additional 10 cents per kilogram for each lamb, 6 cents/kg for a sheep, 8.5 cents/kg for cattle and 10 cents/kg for deer.
Alliance will hold its annual meeting in Palmerston North on December 18.
Boutique Waikato cheese producer Meyer Cheese is investing in a new $3.5 million facility, designed to boost capacity and enhance the company's sustainability credentials.
OPINION: The Government's decision to rule out changes to Fringe Benefit Tax (FBT) that would cost every farmer thousands of dollars annually, is sensible.
Compensation assistance for farmers impacted by Mycoplama bovis is being wound up.
Selecting the reverse gear quicker than a lovestruck boyfriend who has met the in-laws for the first time, the Coalition Government has confirmed that the proposal to amend Fringe Benefit Tax (FBT) charged against farm utes has been canned.
Holstein Friesian excellence was front and centre at the 2025 Holstein Friesian NZ (HFNZ) Awards, held recently in Invercargill.
The work Fonterra has done with Ballance Agri-Nutrients Ltd, LIC and Ravensdown to save farmers time through better data connections has been recognised with a national award.
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