LIC lifts half-year revenue on strong demand for dairy genetics
Herd improvement company LIC has posted a 5.2% lift in half-year revenue, thanks to increasing demand for genetics.
LIC has added 200 bulls to its sire proving scheme.
Most are the result of a contract mating between a top cow and one of LIC’s top bulls; all have passed inspection by LIC’s breeding team.
Simon Worth, livestock selection manager, says the bull calves are chosen for their potential to produce high performing, efficient dairy cows. The bull calf’s parentage, DNA profile and physical traits are all taken into account.
“We personally eyeball each calf to make sure of their physical condition.”
The bull calves will now be put through their paces, to see if they will be up to joining the Premier Sires.
Each will be named and reared to maturity, undergoing health testing, vaccinations and training. Their first semen collection will take place at one year of age, and their first daughters be born the following year.
Worth says getting a bull to Premier Sires status is a long game and only about 1% of all the calves inspected by LIC each year will make it.
“It takes four years for a bull to become daughter proven, which is when we can get the first lot of production and conformation information from their two-year-old daughters.
Calves that enter the sire proving scheme are bought by LIC.
Philip and Lyneyre Hooper of the Hoopman Family Trust have tonight been named the Taranaki Regional Supreme Winners at the Ballance Farm Environment Awards.
We are not a bunch of sky cowboys. That was one of the key messages from the chairperson of the NZ Agricultural Aviation Association (NZAAA) Kent Weir, speaking at an education day at Feilding aerodrome for 25 policymakers and regulators from central and local government and other rural professionals.
New Zealand's dairy and beef industries say they welcome the announcement that the Government will invest $10.49 million in the Dairy Beef Opportunities (DBO) programme.
New Zealand farming is riding a high, with strong prices, full feed covers and improving confidence lining up at the same time.
Manawatu Mayor Michael Ford says the district sees itself as the agribusiness capital of the lower North Island.
Beef + Lamb New Zealand (B+LNZ) is looking forward to connecting with farmers, rural professionals and community members at this year's Central District Field Days.