Landcorp, New Zealand's major farmer backs up Silver Fern Farms as an effort to connect with rival Alliance Group on a self-reliant assessment of a union.

Silver Fern published a fresh letter to shareholding farmers of both meat companies over the weekend, in quest of their view on putting up a 'joint evaluation committee' to think about amalgamation and a combined policy for meat products.

The suggestion reportedly shocked Alliance chairman Owen Poole, who had pooh-poohed the prediction for any amalgamation, stating that it fetched lots of risks than benefits.

State-owned Landcorp, which is a shareholder in both meat processors stated out those never-ending unresolved dialogues of a tie-up, has been a disruption for farmers.

Coasts of sheep meat and beef are increasing incredibly in international markets at a period when snowstorms in Southland and drought somewhere else are adding together the effect of dairy conversions in dipping obtainable livestock.

Landcorp chief executive Chris Kelly stated out that he sense no harm in getting a look at it and It is completely worth the gamble. Sheep and beef are in terrible straits in New Zealand currently.