Livestock Improvement Corporation (LIC)

Livestock Improvement Corporation (LIC) is a prominent name in the dairy industry, headquartered in Waikato, New Zealand. This region is renowned for its robust agricultural activities, particularly dairy production.

Financial Indicators

LIC has reported an increase in its half-year revenue, driven by strong demand for dairy genetics. The company's underlying earnings have improved, despite experiencing shifts in profit during this period.

Important Events

One of the significant milestones for LIC is the inauguration of the Methane Barn in Waikato. This facility is designed to monitor and measure methane emissions from lactating cows, representing a crucial advancement in reducing biogenic methane emissions in cattle farming. The importance of the Methane Barn was underscored by the attendance of Agriculture Minister Todd McClay at its opening, highlighting its relevance in national agricultural policy.

Company Plans

Looking ahead, LIC aims to focus on large-scale monitoring and reduction of methane emissions, aligning with global climate change mitigation efforts. The company's commitment to sustainability is anticipated to lead to further innovations and collaborations in the dairy industry, enhancing both environmental outcomes and agricultural productivity.

Modified: 2026/02/16

---