Pamu and LIC to launch Synergizer
The first calves of a new crossbred dairy-beef offering are now on the ground at a Pamu (Landcorp) farm near Taupo.
The 2011-12 year was one of strong performance for dairy farmer owned LIC.
LIC chairman, Murray King says the volatility of the dairy industry saw an increasing number of farmers invest in innovations that make it easier and more efficient to farm.
"LIC's Protrack farm automation range and GeneMark DNA parentage verification products, for example, enjoyed record sales," he says.
"Our web based software products, MINDA Milk, MINDA Weights and MINDA Land & Feed, also gained significant customer uptake reflecting the value that farmers place on dairy cow performance and being able to make better, more informed decisions on farm."
King says the price freeze which LIC applied to all products in the 2009-10 season, in recognition of the tough financial conditions being experienced on farm, remained in place for Premier Sires in 2010/2011 and 2011/2012 with only a slight increase in the price of MINDA and herd testing.
"These increases were, however, offset by the launch of innovative free products like MINDA Milk, MINDA Weights and Land & Feed."
LIC revenue for 2011-12 was $177 million 7% ahead of the $166 million achieved during 2010-11.
All profit is returned to LIC's 10,500 New Zealand dairy farmer owners/shareholders in products, research and development or dividends.
Like many manufacturers around the world, European agricultural machinery and tractor manufacturers are currently operating in a difficult market environment. But they are heading to the world’s largest agricultural machinery event in Hanover next month with a degree of cautious optimism.
Established in 2021, the John Deere Technician of the Year Awards champion the important contribution parts and service technicians make to the Australian and New Zealand agriculture, construction and forestry industries.
Beef + Lamb New Zealand (B+LNZ) is calling on farmers from all regions to take part in the final season of the Sheep Poo Study aiming to build a clearer picture of how facial eczema (FE) affects farms across New Zealand.
New Zealand is closer to eradicating bovine TB than ever before, but possums remain a threat, says Beef + Lamb New Zealand.
Foreign Affairs Minister Winston Peters has joined the debate around the proposed sale of Fonterra’s consumer and related businesses, demanding answers from the co-operative around its milk supply deal with the buyer, Lactalis.
The ACT Party says media reports that global dairy giant Nestle has withdrawn from the Dairy Methane Action Alliance shows why New Zealand needs to rethink its approach to climate.
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