LIC ends year with $30.6m profit
Herd improvement company LIC has ended the 2024-25 financial year in a strong position - debt-free and almost quadrupling its net profit.
LIC has reaffirmed its sponsorship of the New Zealand Dairy Industry Awards (NZDIA) by signing up as a national sponsor for another three years.
The herd improvement co-operative has confirmed its support and sponsorship across the regional and national awards through to 2028.
LIC has also added an impressive GeneMark Genomics prize to the pool for the national winner of the LIC Animal Wellbeing Recording and Productivity Award.
LIC chief executive, David Chin says the co-operative is honoured to continue the long-standing involvement with the awards.
After serving three as a DairyNZ director, Waikato farmer Chris Lewis is ready for another term.
DairyNZ has announced the date for its six-yearly Milksolids Levy vote, which will take place from Monday, 16 February to Friday, 13 March 2026.
LIC has reaffirmed its sponsorship of the New Zealand Dairy Industry Awards (NZDIA) by signing up as a national sponsor for another three years.
On track for a fifth consecutive year of organic milk price increases, Fonterra is seeking more suppliers to meet growing global demand.
Converting a Banks Peninsula farm to dairy is expected to reduce its environmental footprint by 46%, say its owner and manager.
Research and healthcare initiatives, leadership and dedication to the sector have been recognised in the 2025 Horticulture Industry Awards.