For the second contract period in 2016, which stretched from April to June, the total contract premiums paid to producers amounted to N$13.3 million.
The signing of Delivery Agreements for the fourth contact period that began on 1 August will run until 31 August 2016. Therefore, we would like remind our producers to sign a delivery contract agreement with Meatco as soon as possible.
Producers who sign a delivery contract with Meatco receive a guaranteed slaughter space for the period October to December 2016, and a contract premium payment of N$2.50 per kilogram, if all the terms and conditions are met.
We thank our producers for their cooperation in honouring Delivery Agreements and for meeting the requirements as well as terms and conditions as stipulated in the contract.