The Board of Livestock Improvement Corporation Limited (NZX: LIC) (LIC) has released its proposal to simplify LIC’s share structure by bringing the farmer-owned co-operative’s existing two classes of shares together into a single class.
The equivalent of currency for cows will be updated in February 2018 to better reflect the industry’s focus on efficient, high quality milk production.
An expert Technical Advisory Committee has been appointed to review the Australian Standards for the Export of Livestock (ASEL).
Leading Western Australian meat processor, packer and exporter, Western Meat Packers Group, has announced several senior management appointments as it moves to boost its processing capacity and efficiency, quality assurance and infrastructure at its Osborne Park processing and packing headquarters, Margaret River abattoir and Bibra Lake value adding facility.
Cattle prices are expected to ease during 2018 before stabilising at a level higher than the five-year average, according to Rural Bank’s new Australian Cattle Annual Review.
The impact of seasonal conditions on restocker interest has been the major driver of Australian cattle prices over the past 12 months, and is continuing to make forecasts difficult.
Continued collaboration between industry, regulators and the Australian Government will be key to the success of the live export industry going forward, the Assistant Minister for Agriculture and Water Resources, Luke Hartsuyker, said at the LIVEXchange 2017 conference in Perth.
Fairvale Morty Lady 51, jointly owned by Lisa and Will McKay of Linsand-V Holsteins, Victoria, and Lindsay and Sandra Thompson, Linsand Holsteins, Tasmania, has been recognised by Holstein Australia as the highest classified cow in Australia.