Wednesday, 04 September 2024 07:55

Extra funding for methane inhibitor

Written by  Staff Reporters
AgriZeroNZ chief executive Wayne McNee. AgriZeroNZ chief executive Wayne McNee.

A methane inhibiting bolus specifically suited to New Zealand's pastoral farming system is awaiting regulatory approval for a launch late next year.

The slow-release, biodegradable bolus developed by Ruminant BioTech sits in the animal's rumen, releasing a controlled dose of a methane inhibitor for up to six months.

The latest trial on cattle reportedly showed impressive results, with a 75% daily methane reduction for 100 days from a single treatment.

The technology has received a $4 million funding boost from AgriZeroNZ, an industry joint venture between the Government and leading agribusiness companies in New Zealand, including Fonterra.

AgriZeroNZ chief executive Wayne McNee says the public-private joint venture is pleased to boost its investment in Ruminant BioTech by $4 million, on top of an initial investment of $1.8 million in April 2023.

"Ruminant BioTech is proving its technology is working - on animals and in New Zealand - so we're pleased to make this further investment to accelerate the development of a pasture-based solution for Kiwi farmers.

"The bolus has demonstrated world-leading results for methane reductin in a pastoral system in its latest animal trial, and we look forward to supporting the team to make their emissions reduction tool available to farmers."

Ruminant BioTech chief executive Tom Breen says his company is working with MPI on full product registration to enable the methane-inhibiting bolus to be used on New Zealand farms.

Breen says the company aims to be treating over 30 million cattle annually by 2030 and envisages this increasing to 100 million cattle within the next 10 years.

"This additional funding from AgriZeroNZ will help us accelerate our product and market development programme and build our first manufacturing plant in New Zealand to bring the product to market in late 2025, starting in Australia and followed by New Zealand, subject to regulatory approvals."

McNee believes the bolus could be a game-changing tool to help farmers reduce emissions without changing farming practices.

"The bolus application holds huge promise for providing Kiwi farmers with a solution that's practical and effective.

"It has the potential to be suitable for all ruminant animals, and due to its low touch nature, it's also a viable option for the likes of beef farmers who don't need to interact with their animals daily."

AgriZeroNZ has committed more than $34 million across a range of emissions reduction tools and technologies for New Zealand, farmers including novel probiotics, low methane pasture and methane vaccines.

"There isn't going to be a one-size-fits-all approach when it comes to reducing emissions across our agricultural sector," McNee says.

More like this

Daffodil extract to block methane?

An extract from the humble daffodil will be put to the test in New Zealand after UK research discovered its potential to cut methane emissions from livestock.

Benefits of breeding for low methane

OPINION: The challenge of climate change means pursuing many avenues to help New Zealand’s farmers meet demands from within our own country and globally.

More funding for AgriZeroNZ

A joint venture between the Government and private sector companies, aiming to get emissions reduction tools into Kiwi farmers’ hands sooner, continues to attract support.

Featured

Tractor, machinery sales dip

The recent Tractor and Machinery Association (TAMA) conference in Wellington was signalling cautious optimism on the back of rising milk and store cattle prices and drops in interest rates.

National

India FTA 'still a priority'

Agriculture and Overseas Trade Minister Todd McClay says his government is pulling out all the stops to get a trade…

Extra funding for methane inhibitor

A methane inhibiting bolus specifically suited to New Zealand's pastoral farming system is awaiting regulatory approval for a launch late…

Machinery & Products

A range of tankers on offer

A relatively young company, founded in Germany in 1977 by Josef Fliegl Senior, the Fliegl Group now employs more than…

Choosing the right system

Choosing the right effluent system requires professional advice, considering future plans, and picking the right person for the job.

» Latest Print Issues Online

Milking It

Painting the cow red

OPINION: How do you get people to stop drinking milk and switch to foods like fruit, vegetables, nuts and grains?

Broken record

OPINION: It seems that our friends at Greenpeace are never satisfied.

» Connect with Dairy News

» eNewsletter

Subscribe to our weekly newsletter