- 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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