Genetics company LIC sells off its deer improvement businessWeaners on the Balfour research farm. Livestock genetics company LIC is selling its deer improvement business to South Canterbury sheep, beef and deer farmers Tom and Samantha Macfarlane and a business partner. LIC geneticist Dr Richard Spelman said the sale was being made because the co-operative's chief focus was the dairy industry. The deer improvement subsidiary had contributed an average 15 kilograms liveweight gain per animal over the ten years to 2014, based on yearling weight. If we weren't positive about the future of the deer industry we wouldn't have bought this business," he said.

Source: Stuff July 26, 2017 03:00 UTC