LIC ends year with $30.6m profit
Herd improvement company LIC has ended the 2024-25 financial year in a strong position - debt-free and almost quadrupling its net profit.
An automated body condition scoring system for New Zealand-bred cows will be launched at National Fieldays next month.
The technology, a world first, combines DeLaval's BCS camera system with LIC Automation's technology and knowledge of NZ herd characteristics.
DeLaval Oceania regional president Andrew Pooch says it is pleased to be cooperating with LIC Automation.
"It eliminates commercial barriers and will offer all NZ dairy farmers opportunity for body conditioning scoring to be fully automated, eliminating the guesswork and labour hours associated with a manual system.
"This could not be more timely with the new animal evaluation process in place in NZ since February 2016 making BCS trait mandatory for bull evaluation."
LIC Automation sells services and solutions such as dairy genetics and information, says Paul Whiston, chief executive.
"Collaboration in innovative technology... increases productivity and prosperity onfarm. Automating the body condition scoring process will deliver greater consistency and [finer] data to farmers to assist in their decisionmaking and herd management."
The DeLaval BCS is based on a 3D camera; when a cow passes under the camera the system recognises the movement and selects the best still image of the cow in the video sequence. The image is converted into an accurate BCS and can be accessed via DeLaval's herd management system DelPro or LIC's herd management system Minda.
The DeLaval BCS condition scoring allows the farmer to plan and optimise feeding according to a cow's BCS score, ensuring they have peak body condition in the lactation cycle.
Keeping cows at ideal condition during lactation ensures maximum milk yield, improves pregnancy rate and minimises calving and post calving problems, the company says.
A charity that connects young people with farmers for two years of on-farm training is reporting 150 student applications for its 2026 intake.
It’s been a long time coming, but the FMG Young Farmer of the Year Grand Final is returning to the Naki for Season 58.
The Government has appointed three new members to the board of state farmer Landcorp Farming Ltd, trading as Pāmu.
North Canterbury pig farmer Steve Sterne has been honoured with NZ Pork's Outstanding Contribution Award, recognising his 27 years of dedication to excellence in the sector.
Hawke's Bay's loss is Canterbury's gain with the opening of a new state-of-the-art soil testing laboratory for the Ravensdown subsidiary ARL (Analytical Research Laboratories) at Rolleston.
The Taranaki region is enjoying one of the highest gross domestic product (GDP) per capita figures in New Zealand, thanks to high farmgate dairy prices.