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

 

By May 2018: Wider, Earlier Microbead Ban

The sale and manufacture of wash-off products containing plastic microbeads will be banned in New Zealand earlier than previously expected, Associate Environment Minister Scott Simpson announced today. More>>

ALSO:

Snail-ier Mail: NZ Post To Ditch FastPost

New Zealand Post customers will see a change to how they can send priority mail from 1 January 2018. The FastPost service will no longer be available from this date. More>>

ALSO:

Property Institute: English Backs Of Debt To Income Plan

Property Institute of New Zealand Chief Executive Ashley Church is applauding today’s decision, by Prime Minister Bill English, to take Debt-to-income ratios off the table as a tool available to the Reserve Bank. More>>

ALSO:

Divesting: NZ Super Fund Shifts Passive Equities To Low-Carbon

The NZ$35 billion NZ Super Fund’s NZ$14 billion global passive equity portfolio, 40% of the overall Fund, is now low-carbon, the Guardians of New Zealand Superannuation announced today. More>>

ALSO:

Split Decision - Appeal Planned: EPA Allows Taranaki Bight Seabed Mine

The Decision-making Committee, appointed by the Board of the Environmental Protection Authority to decide a marine consent application by Trans-Tasman Resources Ltd, has granted consent, subject to conditions, for the company to mine iron sands off the South Taranaki Bight. More>>

ALSO: