WA lamb and sheep meats producer co-operative WAMMCO has defied a tough operating season to maintain payment of a pool bonus to its contributing producer shareholders.
Group CEO Coll MacRury said his Directors had endorsed pool bonuses of 20 cents per kilo on qualifying lamb and 10 cents per kilo on qualifying mutton submitted for processing by producer shareholders during the 2019/20 season.
Mr MacRury said the pool bonus would be paid to producer accounts during August.
“The payments are back from payments of 30 cents/kg on lamb and 15 cents/kg for mutton in 2018/19, due to the extremely challenging international trading conditions in the last half of the 2019/20 season. However, the pool bonuses are on top of record prices paid to our producers for their livestock during 2019/20,” he said.
Further details: Coll MacRury 0409 371 295
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