Herd Improvement company LIC is paying out more than $2 million in compensation for supplying some dairy farmers bad sire semen. LIC chief executive David Chin apologised to farmers during a webinar , adding that the farmer-owned co-op has not lived up to the high standards expected by shareholders. Mr Chin says an independent investigation is underway to ascertain how two batches of bad semen were delivered to 1127 farms around the country – semen collected, processed and packed into straws and then sent to farms on October 15th and October 21st failed to pass quality control tests on day three. 15 of the 39 straws collected on October 16th and five of 31 straws collected on October 21st were affected. David Chin says LIC is still no closer to finding out how the batches were impacted.
Recent Post
- Scott St John Will Step Down From The Fonterra Board, Effective From March Next Year
- A Big Celebration For The Dairy Women’s Network In Waikato Today As The Organisation Turns 25
- Snack-Sized Apple Business Rockit Global Is Expanding Into The South Island To Build Its Growing Base
- Newly Minted Agriculture And Trade Minister Todd McClay Plans To Visit India In The Next Fortnight
- A $600 Million Solar Farm Planned For The Mackenzie Basin Will Power Up To 100,000 Homes

