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Agriculture Minister Todd McClay with LIC chief executive David Chin.
The Government has announced it has invested $8 million in lower methane dairy genetics research.
At the opening of a new state-of-the-art methane research facility in the Waikato today, Agriculture Minister Todd McClay said that Livestock Improvement Corporation's (LIC) new 'Methane Barn' will enable large-scale monitoring and measurement of methane produced by lactating cows.
"The research will enable farmers to select lower-emitting genetics and will be a valuable tool to help reduce biogenic methane without harming productivity," McClay says.
He says the research further bolsters confidence in the pipeline of new mitigation tools - giving farmers the choice in how they reduce their emissions.
"We are committed to meeting our climate obligations without closing down farms and sending jobs and production overseas," McClay says.
"Investments like the Methane Barn will offer farmers the tools they need to reduce on-farm emissions without reducing production," he adds.
The Government and industry have committed more than $400 million to speed up the development of methane-cutting tools with as many as 11 to be commercially available by 2030.
Overseas Trade Minister Todd McClay says he's working constructively with the Labour Party in the hope they will endorse the free trade agreement (FTA) with India when the agreement comes before Parliament for ratification.
Donald Trump's latest tariff tantrum has again thrown the world of trade into a new round of turmoil and uncertainty, and NZ is caught up in it.
Recent weather events in the Bay of Plenty, Gisborne/Tairawhiti, and Canterbury have been declared a medium-scale adverse event.
Global trade has been thrown into another bout of uncertainty following the overnight ruling by US Supreme Court, striking down President Donald Trump's decision to impose additional tariffs on trading partners.
Herd improvement company LIC has posted a 5.2% lift in half-year revenue, thanks to increasing demand for genetics.
Rural retailer Farmlands has released it's latest round of half-year results, labeling it as evidence that its five-year strategy is delivering on financial performance and better value for members.
OPINION: "We are back to where we were a year ago," according to a leading banking analyst in the UK, referring to US president Donald Trump's latest imposition of a global 10% tariff on all exports into the US.
DairyNZ says the Government’s proposed Resource Management Act reform needs further work to ensure it delivers on its intent.
Overseas Trade Minister Todd McClay says he's working constructively with the Labour Party in the hope they will endorse the free trade agreement (FTA) with India when the agreement comes before Parliament for ratification.
Donald Trump's latest tariff tantrum has again thrown the world of trade into a new round of turmoil and uncertainty, and NZ is caught up in it.
The third edition of the NZ Dairy Expo, held in mid-February in Matamata, has shown that the KISS principle (keep it simple stupid) was getting a positive response from exhibitors and visitors alike.
