Alliance Group faces crucial vote on Dawn Meats deal
The future of the Alliance Group is “pretty dark” if the proposed Dawn Meats deal does not go through, says board chair Mark Wynne.
Three nominations have been received for two vacant director positions on meat processor, Alliance Group's board.
The candidates are Gray Baldwin from Putāruru in South Waikato, Cameron Black from Riverton in Southland, and Matt Iremonger from Tai Tapu in Canterbury.
Voting opens on Wednesday 13 November 2024.
The two vacancies were created when former chair Murray Taggart retired from the Alliance Board in April and current farmer-director Jason Miller has opted not to seek re-election.
The election will be conducted by internet and postal voting using the First Past the Post voting method. Voter packs, together with information about the candidates, will be sent to Alliance shareholders on 13 November.
The election result will be announced at the Annual Meeting of shareholders in Gore on Wednesday 18 December 2024.
According to the latest Federated Farmers banking survey, farmers are more satisfied with their bank and less under pressure, however, the sector is well short of confidence levels seen last decade.
Farmer confidence has taken a slight dip according to the final Rabobank rural confidence survey for the year.
Former Agriculture Minister and Otaki farmer Nathan Guy has been appointed New Zealand’s Special Agricultural Trade Envoy (SATE).
Alliance Group has commissioned a new heat pump system at its Mataura processing plant in Southland.
Fonterra has slashed another 50c off its milk price forecast as global milk flows shows no sign of easing.
Meat processors are hopeful that the additional 15% tariff on lamb exports to the US will also come off.

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