Alliance Group returns to profit after two years with $93m turnaround
After two years, Alliance Group has returned to profit.
Three candidates are running for two vacant seats on the board of meat co-operative Alliance.
Voting is underway and the result will be announced at Alliance shareholders annual meeting in Gore on December 18.
The three candidates are standing for election:
Former chair Murray Taggart retired from the board in April and current farmer-director Jason Miller is not standing for re-election.
"Voting is one of the most important ways for Alliance shareholders to shape the direction of our co-operative,” says Mark Wynne, chair of Alliance.
“Alliance Group has always been about farmers working together for our shared success, striving to be a high-performing company that delivers value to its shareholders.
“I encourage every farmer-shareholder to take the opportunity to vote for who they believe will best represent the interests and future of our business.”
The election is being conducted by internet and postal voting using the First Past the Post voting method. Voting packs, together with information about the candidates, have been sent to all Alliance shareholders.
Federated Farmers says it is cautiously welcoming signals from the Government that a major shake-up of local government is on its way.
Ashburton cropping and dairy farmer Matthew Paton has been elected to the board of rural services company, Ruralco.
The global agricultural landscape has entered a new phase where geopolitics – not only traditional market forces – will dictate agricultural trade flows, prices, and production decisions.
National Lamb Day is set to return in 2026 with organisers saying the celebrations will be bigger than ever.
Fonterra has dropped its forecast milk price mid-point by 50c as a surge in global milk production is putting downward pressure on commodity prices.
The chance of a $10-plus milk price for this season appears to be depleting.

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