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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.