Alliance's Pure South cuts win gold
Meat co-operative Alliance Group has bagged four gold medals at the Outstanding NZ Food Producer Awards, achieving top honours for every cut entered.
Meat processor Alliance Group is rewarding committed shareholders with $5.9 million in loyalty payments.
The quarterly payments have been made to the cooperative’s Platinum and Gold shareholders who supply 100% of their stock to the company.
The company says today’s loyalty payments are for the period January-March 2018 and brings the total amount distributed to loyal shareholders for the season to date to $9.8m, an increase of 4.7% compared to the same period of the 2016/17 season.
Farmers supplying 100% of their lambs are paid an additional 10c/kg for each lamb, 6 cents/kg for sheep, 8.5 cents/kg for cattle and 10 cents/kg for deer.
David Surveyor, Alliance Group chief executive says the company is 100% owned by farmer shareholders.
“We’re committed to offering a range of benefits above the price on the day including loyalty payments and yield contracts. We also provide other benefits such as priority processing and store stock facilitation.
“Our Loyalty Payments programme is a major part of our strategy to reward our loyal suppliers for their consistent and committed supply.
“Every cent Alliance Group makes in profits is delivered back to farmers or re-invested into the business to continue to improve our operational efficiency and ultimately lift returns to our farmer shareholders.”
Alliance Group distributed more than $15 million in loyalty payments over the 2016-17 season.
There have been leadership changes at the Hamilton-based Dairy Goat Co-operative, which has been struggling financially in recent years.
OPINION: In recent years farmers have been crying foul of unworkable and expensive regulations.
Another 16 commercial beef farmers have been selected to take part in the Informing New Zealand Beef (INZB) programme designed to help drive the uptake of genetics in the industry.
Trade Minister Todd McClay says Kiwi exporters will be $100 million better off today as the NZ-EU Free Trade Agreement (FTA) comes into force.
Making things simpler, not harder, for deer farmers in farm planning and coping with regulations is Deer Industry New Zealand (DINZ) industry capability manager John Ladley’s current focus.