Displaying items by tag: LIC

Herd Improvement company LIC’s earning guidance has taken a hit as this season’s forecast milk price for farmers continues to plummet.

OPINION: Think co-operatives and some of our biggest agribusiness companies – Fonterra, Zespri, Alliance Group, Silver Fern Farms, Farmlands, LIC, Ballance, Ravensdown and Tatua – come to mind.

Outgoing LIC chairman Murray King says the time is right to pass the baton to the next generation.

Over the past two years, Fernside farmer Julie Bradshaw has refined her dairy herd size using genomics while maintaining the same level of milk production.

Farmer co-operative LIC says changes to the current animal evaluation model proposed by DairyNZ isn’t the way forward.

DairyNZ's proposal for a single national animal evaluation breeding index that incorporates genomics is being opposed by a second major herd improvement company.

OPINION: It's not common for industry-good body, DairyNZ and farmerowned co-operative LIC to publicly disagree on a key issue facing the dairy sector.

The call for a single national animal evaluation breeding index that incorporates genetics is causing friction among the dairy sector's key players.

One of the highest numbers of empty cows in recent years could play havoc with the meat industry and will likely cost the dairy industry more than $20 million dollars next season.

OPINION: News that about 17% of the national herd of 4 million cows did not get pregnant and won't be producing milk in the coming season will come as a blow to many farmers and the economy of the country.