Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 


Call for fairness and transparency in meat procurement

Call for fairness and transparency in meat procurement

Meat Industry Excellence (MIE) is calling on meat companies to walk the talk in regard to the fairness and transparency of their procurement practices.

Chairman John McCarthy says that a number of examples of preferential pricing over and above payments made to loyal suppliers have been brought to group members’ attention during the past few weeks.

McCarthy says, “Meat companies were quite vocal prior to the processing season about the need for farmers to commit their stock, which is also a founding principle of MIE. However, our members are receiving reports alleging that those same companies are enticing stock away from other companies with deals over and above those paid to their signed-up loyal suppliers. If this is proven, then it is unacceptable and adds to the lack of trust that so blights our industry.”

McCarthy added, “MIE will be particularly vigilant regarding the performance of the co-operatives. If we are to build on MIE's vision of having a strong farmer owned co-op as the cornerstone of the new industry into the future, then farmers will rightfully be demanding that co-operative principles of fairness and transparency in pricing be front and centre.

“This situation also highlights the underlying issue of severe overcapacity that plagues the industry which, essentially, is in survival mode. Unless we can improve profitability at all levels of the red meat sector, and quickly, then we are in for a train wreck that can only be exacerbated by the shrinking supply base due to the continuation of land use change.”

McCarthy called upon industry leaders to redouble their efforts to find ways to work together for the common good. “The recent cooperative elections clearly demonstrated that the mood from farmers is for change. Companies need to recognise this as a significant opportunity instead of engaging in a game of last man standing. MIE will be working tirelessly across the whole sector and with Government to advance its objectives in the coming year.

– ENDs –

© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

Housing Policy: Auckland Densification As Popular As Ebola, English Says

Finance Minister Bill English said calls by the Reserve Bank Governor for more densification in Auckland’s housing were “about as popular in parts of Auckland as Ebola” would be. More>>

ALSO:

Crown Accounts: NZ Government Deficit Smaller Than Expected In First Half

The New Zealand government's operating deficit was smaller than expected in the first six months of the financial year, as the consumption and corporate tax take rose ahead of forecast in December, having lagged estimates in previous months. More>>

ALSO:

Fruit & Veg Crackdown: Auckland Fruit Fly Find Under Investigation

The Ministry for Primary Industries (MPI) is investigating a find of a single male Queensland fruit fly in a surveillance trap in the Auckland suburb of Grey Lynn... MPI has placed legal controls on the movement of fruit and some vegetables outside of a defined circular area which extends 1.5km from where the fly was trapped in Grey Lynn. More>>

ALSO:

Scoop Business: Westpac NZ Reaches $2.97M Swaps Settlement

Westpac Banking Corp’s New Zealand unit has agreed to pay $2.97 million in a settlement with the Commerce Commission over the way the bank sold interest rate swaps to farmers between 2005 and 2012. More>>

ALSO:

Going Dutch: Fonterra Kicks Off $144M Partnership With Dutch Cheese Maker

Fonterra Co-operative Group, the world’s largest dairy exporter, has commissioned a new dairy ingredients plant in Heerenveen, in the north of the Netherlands, its first wholly-owned and operated ingredients plant in Europe. More>>

ALSO:

Scoop Business: NZ Retail Sales Beat Estimates

New Zealand retail sales rose more than expected in the fourth quarter, led by vehicle-related transactions, food and beverages, adding to evidence that cheap credit and a growing jobs market are encouraging consumers to spend. More>>

ALSO:

Delivery Cuts Go Ahead: 'Government Money Grab' From NZ Post

"It's a money grab by the Government as the shareholder of New Zealand Post" says Postal Workers Union advocate Graeme Clarke about the changes announced by NZ Post. More>>

ALSO:

Get More From Scoop

 
 
Standards New Zealand

Standards New Zealand
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news