Saturday, March 30, 2024

Alliance pays $4.5m bonus

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Alliance Group has paid out another $4.5 million in loyalty payments to shareholder suppliers.
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The payments recognise farmers who send all their lambs, cattle or deer to an Alliance processing plant.

For 100% lamb supply the payment was an extra 10c/kg and for sheep the payment was 6c, cattle 8.5c and deer 10c.

Co-operative loyalty payments so far this year to shareholders on the platinum and gold supply programmes totalled $13.8m, chief executive David Surveyor said. 

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