Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 


Sheep & beef farmers to vote on genetics investment proposal

Media release

26 February 2014

Sheep and beef farmers to vote on genetics investment proposal

New Zealand sheep and beef farmers are being asked to consider a proposal that would combine Beef + Lamb New Zealand’s current genetics investments and speed up genetic advances.

Beef + Lamb New Zealand Chief Executive, Dr Scott Champion said voting packs were out with farmers now and they were being asked to support the organisation’s continued investment of $2.9 million a year, for the next five years.

“This would be matched by the Government which has already said it will invest $3 million a year if the proposal is supported by farmers,” Dr Champion said.

A successful vote would bring together the currently separate activities of Sheep Improvement Ltd (the national sheep genetic database), the Beef + Lamb New Zealand Central Progeny Test and Ovita with added investment in beef genetics, in a new entity called Beef + Lamb New Zealand Genetics.

The investment would support a range of research around identifying new breeding traits to produce more efficient animals and those that meet consumer preferences in our export markets.

“Of particular focus will be finding traits that thrive on hill country, as increasingly this is where New Zealand sheep and beef production is based with changing land use on flatter land to dairy.”

Voting on the proposal will close at the time of the Beef + Lamb New Zealand Annual Meeting which is being held in Feilding at the Manfeild Park Arena, 3 pm on Friday 14 March 2014.

At the same time, farmers are also being asked to vote on a proposal by an independent industry group to investigate the value proposition for a future wool levy, and there is a request from the Meat Industry Excellence (MIE) group seeking financial assistance from Beef + Lamb New Zealand to support its efforts with red meat sector reform.  Information on these proposals is also included in the voting pack.

The Beef + Lamb New Zealand Annual Meeting also sees two new Beef + Lamb New Zealand farmer-elected directors introduced to farmers. They are Waikaka Valley farmer Andrew Morrison who will represent the Southern South Island electorate and Wairarapa farmer George Tatham who will represent the Eastern North Island electorate.

They were both elected unopposed before Christmas and replace existing Beef + Lamb New Zealand farmer-elected directors who had not sought re-election.

Beef + Lamb New Zealand Chairman, Mike Petersen, who is the Eastern North Island farmer director, will stand down at the annual meeting having served on the board for the past 10 years – seven of those as Chairman.

Leon Black, the current Southern South Island farmer director is standing down after serving six years on the board.

Information about the annual meeting and the matters for consideration are available at: www.beeflambnz.com/AGM

ENDS

© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

Must Sell 20 Petrol Stations: Z Cleared To Buy Caltex Assets

Z Energy is allowed to buy the Caltex and Challenge! petrol station chains but must sell 19 of its retail sites and one truck-stop, the Commerce Commission has ruled in a split decision that acknowledges possible retail price coordination between fuel retailers occurs in some regions. More>>

ALSO:

Huntly: Genesis Extends Life Of Coal-Fuelled Power Station To 2022

Genesis Energy will keep its two coal and gas-fired units at Huntly Power Station operating until 2022, having previously said they'd be closed by 2018, after wringing a high price from other electricity generators who wanted to keep them as back-up. More>>

ALSO:

Dammed If You Do: Ruataniwha Irrigation Scheme Hits Farmer Uptake Targets

Enough Hawke's Bay farmers have signed up for water from the proposed Ruataniwha Water Storage Scheme for it to go ahead as long as a cornerstone institutional capital investor can be found to back it, its regional council promoter announced. More>>

ALSO:

Reserve Bank: OCR Stays At 2.25%

Reserve Bank governor Graeme Wheeler kept the official cash rate at 2.25 percent, in a decision traders had said could go either way, while predicting inflation will pick up as the slump in oil prices washes out of the data and capacity pressures start to build in the economy. More>>

ALSO:

Export Values Down: NZ Posts Biggest Annual Trade Deficit In 7 Years

New Zealand has recorded its biggest annual trade deficit since April 2009, reflecting weaker prices of agricultural commodities such as dairy products, beef and lamb, and increased imports of vehicles and machinery. More>>

ALSO:

Currency Events: NZ's New $5 Note Wins International Banknote Award

New Zealand’s new Brighter Money $5 note has been named Banknote of the Year in a prestigious international competition. The $5 note was awarded the IBNS Banknote of the Year title at the International Bank Note Society’s annual meeting. More>>

ALSO:

Get More From Scoop

 
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news