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Ann: GENERAL: LIC: LIC makes goodwill gesture for

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    • Release Date: 06/09/12 14:09
    • Summary: GENERAL: LIC: LIC makes goodwill gesture for calves with genetic defect
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    LIC
    06/09/2012 12:09
    GENERAL
    
    REL: 1209 HRS Livestock Improvement Corporation Limited (NS)
    
    GENERAL: LIC: LIC makes goodwill gesture for calves with genetic defect
    
    6 September 2012
    Media statement
    
    LIC makes gesture of goodwill for calves with genetic defect
    
    Livestock Improvement (LIC) is crediting the cost of all semen and
    inseminations from a bull responsible for a genetic defect in some of its
    daughters.
    
    Announcing the decision, LIC Chairman Murray King said "we stand by the
    decision that compensation is not appropriate but the LIC Board believes that
    a gesture of goodwill is the right thing to do for the farmers who have
    daughters of the bull, Matrix.
    
    "Since we identified there was a problem with some of the Matrix offspring
    we've talked with farmers who used the bull, and other shareholders.
    
    "We understand the impact and share the frustration of losing otherwise
    healthy calves and have considered farmer suggestions that it is appropriate
    to make a tangible gesture to the farmers impacted by this issue, over and
    above the free sampling and calf DNA testing service we have made available
    to farmers.
    On further reflection, the LIC Board believes it is appropriate for LIC to
    credit in full the cost of every insemination made by Matrix, regardless of
    the fact that half of the heifer progeny are perfectly healthy."
    
    Murray King said "defects of this nature are rare - this is only the second
    of this type to have occurred in more than 50 years of LIC breeding more than
    9000 bulls.
    
    "We have written to the farmers affected outlining the credit and advising
    that this will show in their September statements which will be in farmer
    letterboxes in early October."
    
    Ends
    
    Clare Bayly, LIC Communications Manager, [email protected].
    End CA:00226990 For:LIC    Type:GENERAL    Time:2012-09-06 12:09:28
    				
 
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