Yes, Minister!
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LIC held its annual meeting in Ashburton last week. Chairman Murray King spoke about the challenging times faced by farmers and the co-op's response. Here are excerpts from his speech.
LIC says its full-year results reflect the resilience of farmers and their commitment to herd improvement.
Farmer co-op LIC will hold meetings nationally next month to brief shareholders on its ambitious growth strategy.
DAIRY FARM running costs haven’t abated after increasing a lot in 2007-08 and they are now out of kilter with the consumer price index, LIC chairman Murray King says.
FARMER DEMAND for innovations which deliver efficiency and prosperity on-farm resulted in their cooperative, LIC, returning a strong performance for the six months to November 2013.
Despite the drought, more farmers turned to LIC for animal health and artificial breeding services in 2012-13.

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