Tuesday, 21 February 2012 14:21

Credit for early genetic technology users

Written by 

Farmers who used new genomic technology from their cooperative, LIC, in 2008 and 2009 will shortly receive a credit for the premium they paid for the product in those two years.

LIC general manager genetics, Peter Gatley, says the credit is a gesture to the farmers "who came with us as early adopters of a technology poised to advance genetic gain more than any other in the history of dairying".

"Data collected from our Sire Proving herds indicates that the Breeding Worth averages of the 'DNA Proven' sire teams used in 2008 and 2009 were lower than originally estimated. This observation is very much in line with international experience, and we now have appropriate adjustments in place, but we can't turn back the clock on the estimates we provided for the 2008 and 2009 teams.

"The average of all DNA Proven inseminations has delivered a modest advantage over the traditional alternative, so the rate of genetic gain has been maintained, but the result is well short of our original prediction. The credit is a gesture of appreciation for the support of our early adopters who paid a premium for the service."

The value of the credit is estimated to total $4.7 million and will be processed in March 2012.

More like this

Drones, AI making cattle counting a dream

PGG Wrightson has launched a new stock-counting service using drones and Artificial Intelligence (AI), which it says removes all the hassle for farmers, while achieving 99.9% accuracy.

LIC ready for challenges ahead

Herd improvement company LIC says it's well-positioned for the challenges ahead and remains focused on its core purpose - delivering value for farmer shareholders.

Breeding heat-tolerant cows for Africa

LIC is embarking on a ground-breaking project aimed at breeding heat tolerant and disease resistant dairy cows for Sub-Saharan Africa, in collaboration with the global leader in precision breeding, Acceligen, and the Bill & Melinda Gates Foundation.

Featured

Boost for hort exports

The horticulture sector is a big winner from recent free trade deals sealed with the Gulf states, says Associate Agriculture Minister Nicola Grigg.

Better animal genetic gain system

A governance group has been formed, following extensive sector consultation, to implement the recommendations from the Industry Working Group's (IWG) final report and is said to be forming a 'road map' for improving New Zealand's animal genetic gain system.

SIDE 2025's new schedule, venue

Annual farmer gathering, the South Island Dairy Event (SIDE), is set to make history as it heads to Timaru for the first time.

Taranaki piggery goes solar

Installing 400 solar panels at their Taranaki piggery and cropping operation will have significant environmental, financial and animal welfare benefits for the Stanley family.

National

OSPRI's costly software upgrade

Animal disease management agency OSPRI has announced sweeping governance changes as it seeks to recover from the expensive failure of…

Machinery & Products

BA Pumps expand

Cambridge based BA Pumps & Sprayers, specialists in New Zealand-made spraying equipment, has acquired Tokoroa Engineering’s product range, including the…

Entries open for innovation award

Fieldays and its renowned Innovation Awards are celebrating their 57th year, marking a longstanding tradition in the agricultural calendar, with…

» Latest Print Issues Online

Milking It

Chinese strategy

OPINION: Fonterra may have sold its dairy farms in China but the appetite for collaboration with the country remains strong.

Not fair

OPINION: The Listener's latest piece on winter grazing among Southland dairy farmers leaves much to be desired.

» Connect with Dairy News

» eNewsletter

Subscribe to our weekly newsletter