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.
SCIENTIFIC RESEARCH by Livestock Improvement Corporation (LIC) has discovered a 'fat gene', providing a genetic explanation as to why some cows produce higher fat content in their milk than others, says Primary Industries Minister, Nathan Guy.
He says it was an example of another milestone being achieved through the Primary Growth Partnership programme, in this case the Transforming the Dairy Value Chain PGP programme, led by Dairy NZ and Fonterra.
"This is one of only a few cases worldwide where the underlying gene affecting differences in milk composition has been identified," Guy says.
It is one illustration of why PGP is such an important tool in boosting the productivity and profitability of our primary sector, says Guy.
The PGP aims to boost the productivity and profitability of New Zealand's primary sector through investment between government and industry.
MPI is now seeking applications for new Primary Growth Partnership programmes. Applications must be received by MPI by 12pm on Wednesday, June 25.
Visit: www.mpi.govt.nz
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