The quarterly payments have been made to the co-operative’s Platinum and Gold shareholders who supply 100% of their stock to the company.
The payments cover January to March and bring the total distributed to 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 extra 10 cents a kilogram for each lamb, 6c/kg for sheep, 8.5c/kg for cattle and 10c/kg for deer.
Chief executive David Surveyor said “Alliance Group is 100% owned by our farmer shareholders and 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.”
