Government invests $8 million in LIC methane research to reduce dairy emissions
The Government has announced it has invested $8 million in lower methane dairy genetics research.
Two long-standing LIC farmer-elected directors are stepping down later this year.
South Island director Matt Ross and North Island director Dr Alison Watters are not seeking re-election at the end of their current term.
Ross was elected to the board in June 2017 and has had a long association with LIC and experience in leadership roles.
LIC chair Corrigan Sowman says Ross is a highly valued member of the LIC board who brings his knowledge and practical experience in farming excellence to the table.
“LIC has benefited greatly from Matt’s ability to understand both the very grass roots of our business as a previous AB technician through to advanced strategic
breeding decisions of today and what that means for creating value inside the farmgate for farmers,” says Sowman.
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Matt Ross |
Watters was elected to the board in June 2014 and has significant experience in directorship and dairy industry innovation.
Sowman says Watters’ passion for the New Zealand dairy industry and focus on its success is extremely beneficial for the LIC board.
“Alison contributes significantly to the dairy sector, both on farm and in many board rooms, therefore I reluctantly accepted her resignation from her elected director role.
“It’s never easy to lose long-standing directors, however, our team of directors bring a diverse and extensive range of knowledge to the board, and we look forward to welcoming new directors at the annual general meeting,” says Sowman.
Departing directors will remain on the board until LIC’s annual meeting on September 18 this year.
According to ASB, Fonterra's plan to sell it's Anchor and Mainlands brands could inject $4.5 billion in additional spending into the economy.
New Zealand’s trade with the European Union has jumped $2 billion since a free trade deal entered into force in May last year.
The climate of uncertainty and market fragmentation that currently characterises the global economy suggests that many of the European agricultural machinery manufacturers will be looking for new markets.
Dignitaries from all walks of life – the governor general, politicians past and present, Maoridom- including the Maori Queen, church leaders, the primary sector and family and friends packed Our Lady of Kapiti’s Catholic church in Paraparaumu on Thursday October 23 to pay tribute to former prime Minister, Jim Bolger who died last week.
Agriculture and Forestry Minister, Todd McClay is encouraging farmers, growers, and foresters not to take unnecessary risks, asking that they heed weather warnings today.
With nearly two million underutilised dairy calves born annually and the beef price outlook strong, New Zealand’s opportunity to build a scalable dairy-beef system is now.

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