Gordon Campbell | Parliament TV | Parliament Today | News Video | Crime | Employers | Housing | Immigration | Legal | Local Govt. | Maori | Welfare | Unions | Youth | Search

 


Sheep And Beef Sector Boost With Genetics Investment

The announcement today that the Government will invest $15 million into sheep and beef genetics research over next five years has been welcomed by Beef + Lamb New Zealand Chairman, Mike Petersen.

The Government has said it will contribute funding for genetic research to allow the sheep and beef sector to further improve genetic gain and the development of new traits that can be farmed on hill country.

Petersen said the Government’s funding commitment was a pleasing show of confidence in the New Zealand sheep and beef sector, with the potential to significantly boost farmer profitability and that of the New Zealand economy.

“This investment supports a whole range of research, identifying new breeding traits that will produce more efficient animals and those that meet consumer preferences in our valuable export markets.

“We’re especially interested in further developing the traits that thrive on hill country, as this is where an increasing proportion of New Zealand sheep and beef production is based these days with changing land use to dairy.”

Petersen said speeding up genetic gain and finding desirable genetic traits will keep the New Zealand sheep and beef industry ahead of the game and its competitors.

It’s intended that the Government investment will match contributions from farmers and other commercial companies through Beef + Lamb New Zealand Genetics. This entity will bring together existing sheep and beef genetics research by consolidating Sheep Improvement Ltd, the Beef + Lamb New Zealand Central Progeny Test and Ovita.

A proposal to continue investing in genetics research and innovation via Beef + Lamb New Zealand will be put to sheep and beef farmers in the coming weeks ahead of the Beef + Lamb New Zealand Annual Meeting on March 14. Farmers will be asked to reaffirm their current annual investment of $2.9 million through a vote.

Other private sector funds of $1.5 million a year for the next five years have been secured by Beef + Lamb New Zealand Genetics and a further $1.4 million a year will be sought from other sources to take the total funding to $44 million over five years.

ENDS

© Scoop Media

 
 
 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

 

PM's Press Conference: Crime And Diplomacy

The Prime Minister's press conference today was dominated by foreign affairs and an open letter from the PM to the Chinese community on crime. More>>

ACC: Govt Caught In Unethical Cluster Bomb Investments

The ACC Fund admitted that it had $1.4 million invested in cluster munitions and nuclear weapons manufacturer Lockheed Martin. Before responding to the Green Party’s request for information,however, ACC sold its Lockheed investment and updated its ethical investment policy. More>>

ALSO:

Local Governments To Decide: Easter Trading Bill Passes

The union representing working people in the retail industry is condemning the Government for whipping its MPs to pass the controversial Shop Trading Hours Amendment Bill. More>>c

ALSO:

Departure Speech: Governor-General’s State Farewell Luncheon

"...Unfortunately I was unable to get to the Antarctic, the Chatham Islands and the Kermadecs. A dicky heart thwarted our travel to the Antarctic; and even though I volunteered to parachute into the Kermadecs to join the Young Blake expedition, time, commitments and officials frustrated my plans to visit the Kermadecs and Chathams." More>>

ALSO:

New Research: Most Homeless People Working Or Studying

“The cost of housing has been rising without corresponding increases in income, whilst the number of state houses per capita has been in decline. Many low-income people are missing out on housing, whether we recognise them as ‘homeless’ or not. More>>

ALSO:

Post-Traynor: New Offender Info Sharing Plan

“This Bill delivers on that step-change by moving away from name-based records held by individual agencies to a shared, anchor identity based on unalterable information, such as fingerprints and facial recognition. It also gives agencies access to the drivers’ licence photo database and birth, death and marriages information." More>>

  • NZ Law Foundation - New $2M fund for research on information challenges
  • Littoral: New Ship To Deliver Enhanced Naval Capability

    Defence Minister Gerry Brownlee says the Government has approved a Ministry of Defence and New Zealand Defence Force recommendation to request tenders for a new naval ship to support littoral operations. More>>

    July:

    After King's Labour Snub: Māori Party And Kiingitanga To Work Together

    Māori Party Co-leaders Te Ururoa Flavell and Marama Fox met with Kiingitanga representatives in Wellington yesterday to discuss working together on key issues for the betterment of Māori. More>>

    ALSO:

    Waitangi Claim On Rehabilitation: The 'Justus' System For Māori Not Good Enough

    Closing statements at the Waitangi Tribunal case against Corrections called for immediate steps and a comprehensive review to address the high rate of Māori reoffending. More>>

    ALSO:

    Advice: PM Sets Rules For Ministers' Treatment Of Public Servants

    Prime Minister John Key has laid down the law about the way ministers and public servants should interact, saying ministers may not always like the advice they receive, but they must listen to it carefully, respectfully and professionally. More>>

    Get More From Scoop

     

    LATEST HEADLINES

     
     
     
     
     
     
     
     
     
    Politics
    Search Scoop  
     
     
    Powered by Vodafone
    NZ independent news