Alliance Group chief executive steps down
Alliance Group chief executive Willie Wiese is leaving the company after three years in the role.
Alliance Group has rewarded shareholders with a $3.2 million loyalty payment distribution.
The quarterly payments have been made to the farmer-owned red meat co-op’s Platinum and Gold shareholders who supply 100% of their livestock to the company.
Farmers are paid an additional 10 cents per kilogram for each lamb, six cents/kg for a sheep, 8.5 cents/kg for cattle and 10 cents/kg for deer. The payments cover the period October-December 2018.
By committing all their livestock to the co-operative, Platinum and Gold shareholders also receive a range of other benefits including priority processing and free store stock facilitation.
David Surveyor, Alliance chief executive, said the loyalty payments reflect the value the co-operative places on consistent and committed supply.
“The interests of our farmers are at the heart of every decision we make,” he says.
Alliance’s focus is on creating prosperity for farming families. Surveyor says profits are delivered back to farmers or re-invested into the cooperative “so we can continue to improve our performance and lift returns to our shareholders”.
“We are investing in developing new markets and added value projects as part of our strategy to capture greater market value.”
Coming in at a year-end total at 3088 units, a rise of around 10% over the 2806 total for 2024, the signs are that the New Zealand farm machinery industry is turning the corner after a difficult couple of years.
New Zealand's animal health industry has a new tool addressing a long-standing sustainability issue.
The Government has announced that ACC will be a sponsor of this year's FMG Young Farmer of the Year competition.
As veterinary student numbers grow to help address New Zealand's national workforce shortge, Massey University's School of Veterinary Science is inviting more veterinary practices to partner in training the next generation of vets.
South Island dairy farmers will soon be able to supply organic milk to Fonterra.
Norwood has announced the opening of a new Tasman dealership at Richmond near Nelson next month.

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