10 Mar 2009

More funding to be discussed at industry board AGM

1:58 pm on 10 March 2009

Meat & Wool New Zealand is to ask farmers at its annual general meeting on Wednesday to consider increasing funding for its activities.

Meat & Wool runs market and farm support and research and development programmes, mainly funded from farmer levies.

Chairman Mike Pedersen told a farmer forum in Waipukurau that there are two key issues on the agenda.

One is the relationship which the meat board has with sheep and beef farmers.

The board is a statutory body that administers New Zealand's export quotas for sheepmeat to the European Union and beef to the United States. It also looks after a $90 million reserve fund on behalf of farmers.

Mr Petersen says the second big issue is the make-up of the Meat Board. Currently there are six directors from Meat & Wool, two from the Meat Industry Association and an independent director.

Agriculture Minister David Carter will open the meeting which is being held in Gore.