increase font size
David Surveyor.
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.”
Alliance Group has secured greater access for chilled beef exports into China following approval of its Levin and Mataura plants to supply that market. With its first load of beef from Levin clearing Chinese customs in early January and a shipment from Mataura recently arriving in China, journalist Leo Argent talked to Alliance general manager safety and processing Wayne Shaw.
Alliance Group has secured greater access for chilled beef exports to China, following approval for two of its processing plants to supply the market.
Alliance Group says it has secured greater access for chilled beef exports to China, following the approval for two of its processing plants to supply the market.
Meat processor Alliance Group has appointed Chris Day to its board as an independent director.
Alliance Group has turned a corner on a challenging two years following a comprehensive re-set over the past 18 months and is forecasting a return to profitability, farmer-shareholders were told at the company’s annual meeting in Gore today.
New Zealand is so far escaping the unpredictable vagaries of President Donald Trump's trade policies by the skin of its teeth.
The Ministry for Primary Industries' (MP) head of their On-Farm Support Team, Dr John Roche, says the declaration of a drought or adverse event is a recognition that things are tough in a region such as Taranaki.
Rural Communities Minister Mark Patterson says the present weather conditions remain challenging for farmers.
The quick response to the discovery of another fruit fly in Auckland is being praised by fruit and vegetable growers.
Māori-owned milk processor Miraka is looking for a new chief executive following the resignation of Karl Gradon last week.
The red meat sector is watching anxiously as the US embarks on a tariff war with its key trading partners.
OPINION: Your old mate reckons a wake-up call is overdue for the platoons of non-productive (and now unemployed) bureaucrats, researchers…
OPINION: If you're one of the few still reading the NZ Herald, you'd have seen Chicken Little academics screaming that…
