Displaying items by tag: LIC

Herd improvement company LIC has posted a 5.2% lift in half-year revenue, thanks to increasing demand for genetics.

According to the New Zealand Dairy Statistics 2024/25 report, New Zealand dairy farmers are achieving more with fewer cows.

The number of beef straws going into dairy cows is on the increase, according to LIC beef genetics product lead Paul Charteris.

LIC chief executive David Chin says meeting the revised methane reduction targets will rely on practical science, smart technology, and genuine collaboration across the sector.

Opening a new $3 million methane research barn in Waikato this month, Agriculture Minister Todd McClay called on the dairy sector to “go as fast as you can and prove the concepts”.

The Government has announced it has invested $8 million in lower methane dairy genetics research.

The first calves of a new crossbred dairy-beef offering are now on the ground at a Pamu (Landcorp) farm near Taupo.

Academic and former Fonterra director Nicola Shadbolt has been elected as LIC director.

LIC has reaffirmed its sponsorship of the New Zealand Dairy Industry Awards (NZDIA) by signing up as a national sponsor for another three years.

Herd improvement company LIC has ended the 2024-25 financial year in a strong position - debt-free and almost quadrupling its net profit.