Partnership to help boost genetics, data crunching
Two agritech companies have joined forces to help eliminate manual entry and save farmer time.
LIC and CRV may be rivals in New Zealand but they are working together in Australia.
The farmer-co-op has entered an exclusive distribution agreement with Dutch dairy genetics supplier CRV.
As part of the agreement, LIC’s Australian subsidiary business will distribute CRV’s global genetics products to Australian farmers alongside its own genetics offering. In NZ, LIC competes with CRVAmbreed in the dairy sector.
LIC chief executive Wayne McNee says the agreement would strengthen LIC’s proposition in Australia.
“LIC has been supplying Australian dairy farmers with NZ genetics for more than 15 years, but the inclusion of genetics from CRV will allow us to cater to a wider range of farmers and grow the business in Australia,” McNee says.
CRV Oceania managing director Angus Haslett says the agreement will provide Australian dairy farmers with a range of genetics solutions while maintaining CRV’s strong reputation in the country.
“We see it as a positive move for Australia’s dairy farmers who… need quality genetics at competitive prices….”
The popularity of larger, North American and European-style Holstein-Friesian cow has limited LIC’s ability to provide genetics to a larger proportion of Australian dairy farmers, McNee says.
The cost of producing milk in New Zealand continues to compare favourably with other exporting regions despite a lift in production costs over the past five years.
DairyNZ says potential benefits from gene technology must be carefully weighed against the risks of such technology.
Pleased, but cautious. That’s how PGG Wrightson chief executive Stephen Guerin says he’s feeling about the rural retailer’s latest financial result.
Commodity prices and interest rates play a huge role in shaping farmer confidence, but these factors are beyond their control, says Federated Farmers dairy chair Richard McIntyre.
DairyNZ is supporting a proposed new learning model for apprenticeships and traineeships that would see training, education, and pastoral care delivered together to provide the best chance of success.
Two agritech companies have joined forces to help eliminate manual entry and save farmer time.
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