Next generation of DNA testing
Herd improvement co-operative LIC is combining its DNA parentage testing and genomic evaluation services into one convenient service to help farmers identify their highest genetic merit animals.
LIC chairman Murray King has defended the $20 million bill for its transformation process.
King told a special general meeting in Hamilton today that the cost was “absolutely worthwhile”.
“It is a big number but it’s not just a fee to consultants: it has to be earned,’ he told the meeting.
The transformation cost is a one-off, he says.
The process looked at the business and recommended changes to make it more efficient.
The process was preceded by the cooperative being split into two parts: herd improvement and agri-tech.
The cooperative also ditched its $1 billion revenue target. “It was a poor choice on reflection,” King says.
Analysis by Dunedin-based Techion New Zealand shows the cost of undetected drench resistance in sheep has exploded to an estimated $98 million a year.
Shipping disruption caused by Houthi rebels in the Red Sea has so far not impacted fertiliser prices or supply on farm.
The opportunity to spend more time on farm while providing a dedicated service for shareholders attracted new environmental manager Ben Howden to work for Waimakariri Irrigation Limited (WIL).
Federated Farmers claims that the Otago Regional Council is charging ahead unnecessarily with piling more regulation on rural communities.
Dairy sheep and goat farmers are being told to reduce milk supply as processors face a slump in global demand for their products.
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