Ravensdown puts out rebate

'Commitment for a cash injection also has spin-off benefits to wider rural community'.

'Commitment for a cash injection also has spin-off benefits to wider rural community'.

Ravensdown board chairman John Henderson (left) and chief executive Greg Campbell were pleased to announce an early interim rebate of $17.50 per tonne of eligible fertiliser for farmers. Picture supplied

Ravensdown last week announced an early interim rebate of $17.50 cash per tonne of eligible fertiliser to help farmers as they organise their applications into the autumn.

This continues Ravensdown’s strong performance over the past four years and supports the board’s strategy of returning surplus cash to farmers at the earliest opportunity.

“The commitment for a cash injection also has spin-off benefits to the wider rural community,” said board chairman John Henderson.

“By us signalling early, farmers can buy their autumn requirements safe in the knowledge that they will get this cash rebate if they take delivery before May 31.

“Following last year’s wet autumn that disrupted many customers applying their fertiliser, I would urge my fellow farmers to book their applications early,” he said.

“This is particularly important for aerial spreading operations because demand for their services is currently very strong.”

In June, interim rebates will be paid into bank accounts to those who have applied solid fertiliser between June 1 2017 and May 31 2018.

Chief executive Greg Campbell said good buying, consistent team effort and strong shareholder support enabled the co-operative to make this positive move.

“New customers are joining the ranks and are showing plenty of interest in how we can help them improve their nutrient efficiency and reduce their environmental impacts.

“Together with our shareholders, we believe in smarter farming for a better New Zealand. Giving farmers more certainty around their finances and nutrient choices is just one example of how we can help.”

Ravensdown last week announced an early interim rebate of $17.50 cash per tonne of eligible fertiliser to help farmers as they organise their applications into the autumn.

This continues Ravensdown’s strong performance over the past four years and supports the board’s strategy of returning surplus cash to farmers at the earliest opportunity.

“The commitment for a cash injection also has spin-off benefits to the wider rural community,” said board chairman John Henderson.

“By us signalling early, farmers can buy their autumn requirements safe in the knowledge that they will get this cash rebate if they take delivery before May 31.

“Following last year’s wet autumn that disrupted many customers applying their fertiliser, I would urge my fellow farmers to book their applications early,” he said.

“This is particularly important for aerial spreading operations because demand for their services is currently very strong.”

In June, interim rebates will be paid into bank accounts to those who have applied solid fertiliser between June 1 2017 and May 31 2018.

Chief executive Greg Campbell said good buying, consistent team effort and strong shareholder support enabled the co-operative to make this positive move.

“New customers are joining the ranks and are showing plenty of interest in how we can help them improve their nutrient efficiency and reduce their environmental impacts.

“Together with our shareholders, we believe in smarter farming for a better New Zealand. Giving farmers more certainty around their finances and nutrient choices is just one example of how we can help.”

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