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Farmers Back PGP Collaboration Programme

14 March 2013

NEW ZEALAND - New Zealand sheep and beef farmers have agreed to co-fund the 'Collaboration for Sustainable Growth Red Meat Primary Growth Partnership', following a farmer vote held at the Beef + Lamb New Zealand (B+LNZ) Annual Meeting in Wanaka last week., which managed the vote on behalf of B+LNZ, has advised that the resolution was passed with 77 per cent support from 2746 participating votes. The weighted voting percentage represents 21.3 per cent of the potential total weighted vote based on sheep (31.2m head), beef (3.74 million head), and dairy (6.46 million head) livestock numbers at 30 June 2012.

B+LNZ Chairman, Mike Petersen said that following the funding commitment from the Government and industry partners, the positive farmer vote paves the way for the programme to proceed.

At a New Zealand Meat Board meeting in Wellington, B+LNZ was given approval to commit existing reserve funds towards the programme.

"This is a strong endorsement for the programme which has the ability to take the sheep and beef sector to the next level.

"It's particularly pleasing that farmers have supported this unprecedented red meat sector collaboration with six meat companies, two banks and a professional services firm - with the potential to transform the sector.

"The next step is the development of the contract between the Crown and the partner group and we hope that we can get on with delivering the programme activities in the second half of this year."

The Government has agreed to commit NZ$32 million, industry partners $13 million and the farmer share of the NZ$65 million project is NZ$2.8 million a year or NZ$19.7 million over seven years.

TheCattleSite News Desk

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