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

 


Cracking sheep source code vindicates grower support

Cracking sheep source code vindicates grower support

AgResearch’s internationally led mapping of the sheep genome is not just an unprecedented opportunity for New Zealand, but vindicates growers backing the creation of Beef + Lamb New Zealand Genetics.

“With the loss of lowland pasture Federated Farmers is keen to see sheep bred with traits to thrive in hill and high country farms. Mapping the sheep genome is a crucial breakthrough,” says Jeanette Maxwell, Federated Farmers Meat & Fibre chairperson.

“We back the sheep industry to grow and genetic mapping will be of immense benefit to wool should farmers approve a proposed levy vote later in the year.

“We think it was said best at the KPMG Agribusiness Leader’s Breakfast at Fieldays, one megatrend could be beef, lamb and wool as high value luxury consumer goods.

“We are taking about an $8bn. export being worth much, much more. We are, for instance, only scratching the surface with dairy sheep.

“Yet I was struck by just how international this breakthrough was. While led by the great team at Invermay it was only possible thanks to the input of 73 authors at 26 institutions in eight countries.

“I know the planned changes at AgResearch Invermay have raised concerns, especially in Otago and Southland, but this investment has been a real success story and will fundamentally change how sheep genomic research is undertaken.

“With Beef + Lamb New Zealand Genetics creation backed by growers this breakthrough gives us confidence in the future,” Jeanette Maxwell concluded.

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