Boost for methane vaccine research
The Government and the agriculture sector are pumping $13.5 million into research of a methane vaccine.
A methane inhibiting bolus specifically suited to New Zealand's pastoral farming system is awaiting regulatory approval for a launch late next year.
The slow-release, biodegradable bolus developed by Ruminant BioTech sits in the animal's rumen, releasing a controlled dose of a methane inhibitor for up to six months.
The latest trial on cattle reportedly showed impressive results, with a 75% daily methane reduction for 100 days from a single treatment.
The technology has received a $4 million funding boost from AgriZeroNZ, an industry joint venture between the Government and leading agribusiness companies in New Zealand, including Fonterra.
AgriZeroNZ chief executive Wayne McNee says the public-private joint venture is pleased to boost its investment in Ruminant BioTech by $4 million, on top of an initial investment of $1.8 million in April 2023.
"Ruminant BioTech is proving its technology is working - on animals and in New Zealand - so we're pleased to make this further investment to accelerate the development of a pasture-based solution for Kiwi farmers.
"The bolus has demonstrated world-leading results for methane reductin in a pastoral system in its latest animal trial, and we look forward to supporting the team to make their emissions reduction tool available to farmers."
Ruminant BioTech chief executive Tom Breen says his company is working with MPI on full product registration to enable the methane-inhibiting bolus to be used on New Zealand farms.
Breen says the company aims to be treating over 30 million cattle annually by 2030 and envisages this increasing to 100 million cattle within the next 10 years.
"This additional funding from AgriZeroNZ will help us accelerate our product and market development programme and build our first manufacturing plant in New Zealand to bring the product to market in late 2025, starting in Australia and followed by New Zealand, subject to regulatory approvals."
McNee believes the bolus could be a game-changing tool to help farmers reduce emissions without changing farming practices.
"The bolus application holds huge promise for providing Kiwi farmers with a solution that's practical and effective.
"It has the potential to be suitable for all ruminant animals, and due to its low touch nature, it's also a viable option for the likes of beef farmers who don't need to interact with their animals daily."
AgriZeroNZ has committed more than $34 million across a range of emissions reduction tools and technologies for New Zealand, farmers including novel probiotics, low methane pasture and methane vaccines.
"There isn't going to be a one-size-fits-all approach when it comes to reducing emissions across our agricultural sector," McNee says.
Waikato-based milk processor Tatua has announced a final 2023-24 season payout of $10.50/kgMS for its farmer shareholders, again topping the payout stakes among NZ milk processors.
Tucked away in a remote part of the central North Island, staff at a Pāmu (Landcorp) farm are working hard to solve one of the biggest challenges facing the dairy and beef sectors.
OPINION: Fonterra deserves a pat on the back for delivering another solid set of financial results.
The Government and the agriculture sector are pumping $13.5 million into research of a methane vaccine.
Eight talented secondary students across New Zealand have been awarded Agri Futures scholarships, supporting their tertiary education.
New Zealand farmers may be faced with increasing business challenges, but at least one sector has their back when it comes to collaborating for the greater good of pastoral agriculture in this country.
OPINION: Research across the ditch has found that seaweed doesn’t just make a tasty wrap for sushi rolls.
OPINION: As a country we should be celebrating Fonterra’s solid annual results announced last week.