LIC lifts half-year revenue on strong demand for dairy genetics
Herd improvement company LIC has posted a 5.2% lift in half-year revenue, thanks to increasing demand for genetics.
New Zealand farmers are lining up to use 'once-in-a-lifetime' bull Howies Checkpoint in the upcoming dairy mating season.
LIC's Checkpoint is the best artificial breeding bull ever bred in New Zealand boasting a Breeding Worth (BW) of 327 (83% reliability), a full 60 BW ahead of the second placed sire Fairmont Mint Edition, also from LIC.
The average BW of the KiwiCross Daughter Proven team is 241, more that 20 higher than the Holstein Friesian and Jersey teams.
LIC's general manager genetics, Peter Gatley, says the KiwiCross bull will mate more than a quarter of a million cows this spring.
"That's a big workload for any bull but it's made possible by using our fresh semen technology which delivers 10 times the number of straws as conventional frozen," Gatley says.
"We are doing our best to ensure that every farmer who signs up for the KiwiCross team gets a fair share of him."
Through the spring mating period, Checkpoint will be collected every second morning on LIC's Newstead bull farm, creating up to 5000 straws of fresh semen to be inseminated into cows all over the country the following morning.
"A bull as good as Checkpoint only comes along once in a lifetime, but we have to balance the temptation to overuse him. One of the challenges we have is to provide a variety of different bloodlines needed for genetic diversity.
"It's been 40 years since the country has had a sire which is light-years ahead of its peers. The last bull to make the quantum leap achieved by Checkpoint, was Maori Bestman, a Jersey born in 1967."
Gatley says Checkpoint is 9/16 Holstein Friesian and is strong across all traits
"He's the total package, a great looking bull with wonderful conformation and temperament."
Howies Checkpoint is a result of an LIC contract mating with a past top bull, Shalendy Amorous, and one of the best cows in New Zealand, the product of the GeneRate embryo programme.
When he was born, DNA analysis identified his elite status, but it was his daughters who proved just how good he really is when they came into milk in 2011.
"Sometimes an offspring will end up with an extraordinary selection of the best genes, surpassing both parents, and that is what's happened here," Gatley says.
Rural contractors will be able to play a role in the revamped agricultural plastic recycling scheme with new regulations due for Cabinet signoff before this year’s election.
Farm workers living in accommodation provided by their employers are now set to be able to access their KiwiSaver funds to buy their first home thanks to a pending change in the rules governing KiwiSaver.
Treat agricultural emissions differently. That’s the message from the chair of the prestigious Riddet Institute, Sir Lockwood Smith.
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