Wednesday, 04 September 2024 07:55

Extra funding for methane inhibitor

Written by  Staff Reporters
AgriZeroNZ chief executive Wayne McNee. AgriZeroNZ chief executive Wayne McNee.

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.

More like this

Daffodil extract to block methane?

An extract from the humble daffodil will be put to the test in New Zealand after UK research discovered its potential to cut methane emissions from livestock.

Benefits of breeding for low methane

OPINION: The challenge of climate change means pursuing many avenues to help New Zealand’s farmers meet demands from within our own country and globally.

Featured

Tatua’s $10.50/kgMS tops, again!

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.

Will silver turn to gold for state farmer?

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.

Industry-wide approach helps farmers succeed

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.

National

Machinery & Products

Wide rakes offer stability

Grassland specialist Kuhn’s Gyrorake GA 8731+ and GA 9531+ models are described as “large width” semi-mounted rakes with central delivery.

MF offering new mower options

Recently launched to complement the existing DM 8612 TL and DM 9614 TL machines, Massey Ferguson has added the heavy-duty…

» Latest Print Issues Online

Milking It

Seaweed wonder

OPINION: Research across the ditch has found that seaweed doesn’t just make a tasty wrap for sushi rolls.

Sour grapes

OPINION: As a country we should be celebrating Fonterra’s solid annual results announced last week.

» Connect with Dairy News

» eNewsletter

Subscribe to our weekly newsletter