[2 November/Rural News]

Alliance Group has announced that it has distributed $1.73 million of loyalty payments to platinum and gold shareholders that supply 100% of their stock to the co-operative. This distribution for the September quarter brings the total loyalty distribution for the 2017/18 season to $16.77 million, 9.3% ahead of the prior year. CEO, David Surveyor, said the payments illustrated how serious the co-op was about rewarding consistent and committed supply. He added that as New Zealand’s only major 100% farmed owned red meat co-operative the organisation puts farmers at the heart of every decision we make, adding that Alliance is committed to delivering profits back to farmers or re-investing them in the business to deliver great value.