Government invests $8 million in LIC methane research to reduce dairy emissions
The Government has announced it has invested $8 million in lower methane dairy genetics research.
Shareholders in farmer cooperative, LIC, have voted in favour of transferring the core database to industry good organisation, DairyNZ.
The transfer was a recommendation of a dairy-wide consultation, held in 2009, headed by Professor Robert Anderson. A pivotal recommendation of the Anderson Committee was that the custodial and on-going developmental responsibilities for the New Zealand Dairy Core Database, until then discharged by LIC, pass to an 'industry good' organisation with no interest in utilising the database for competing commercial services.
LIC chairman, Murray King, said 88.2% of voting shareholders supported the transfer of the Core Database. The result of the vote was announced at LIC's annual meeting held in Hamilton.
The Core Database contains 46 fields raw data derived from New Zealand dairy farmers who herd test and which relates to calving, mating and production data. The LIC proprietary database contains more than 18,500 fields of data and remains the property of LIC.
"The core database is a strategic industry asset, built upon the commitment of thousands of dairy farmers who regularly herd test their herds, yet the benefits accrue to every dairy farmer in the country," says King.
"It is important to understand that the LIC database will operate in parallel and that LIC retains all ownership in cow Breeding Worth. Sire Breeding Worth will be made available on a royalty-free licence arrangement with DairyNZ."
King says the LIC board and shareholder council had exhaustively examined the issue and believed the transfer to the best outcome for LIC, and for the dairy industry.
"For all intents and purposes, business will continue as usual. The transaction is expected to occur within two years," he says.
According to ASB, Fonterra's plan to sell it's Anchor and Mainlands brands could inject $4.5 billion in additional spending into the economy.
New Zealand’s trade with the European Union has jumped $2 billion since a free trade deal entered into force in May last year.
The climate of uncertainty and market fragmentation that currently characterises the global economy suggests that many of the European agricultural machinery manufacturers will be looking for new markets.
Dignitaries from all walks of life – the governor general, politicians past and present, Maoridom- including the Maori Queen, church leaders, the primary sector and family and friends packed Our Lady of Kapiti’s Catholic church in Paraparaumu on Thursday October 23 to pay tribute to former prime Minister, Jim Bolger who died last week.
Agriculture and Forestry Minister, Todd McClay is encouraging farmers, growers, and foresters not to take unnecessary risks, asking that they heed weather warnings today.
With nearly two million underutilised dairy calves born annually and the beef price outlook strong, New Zealand’s opportunity to build a scalable dairy-beef system is now.