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Press Release – Livestock Improvement Corporation Livestock Improvement Corporation (NZX: LIC) announces its financial results for the year ending 31 May 2021, reporting increased revenue, profit and a strong balance sheet with no debt at year end. The farmer-owned co-operative will return $17.8 million … Livestock Improvement Corporation (NZX: LIC) announces its financial results for the year ending 31 May 2021, reporting increased revenue, profit and a strong balance sheet with no debt at year end. The farmer-owned co-operative will return $17.8 million in dividend to shareholders, whi...

A recovery in dairy stocks A2 Milk and Synlait helped lift the sharemarket on a quiet day.

Dairy's record milksolids production in a challenging year 16 Dec, 2020 08:17 PM 4 minutes to read Te Awamutu Courier The annual New Zealand Dairy Statistics publication released last week shows another record year for New Zealand's dairy sector, with total milksolids production at a record high. The DairyNZ and Livestock Improvement Corporation (LIC) statistics show that in the 2019-20 season, New Zealand dairy companies processed 21.1 billion litres of milk containing 1.90 billion kilograms of milksolids (kg MS). This is a 0.6 per cent increase in milksolids from the previous season. Averag...

NZ dairy production hits record in 2020, despite lower cow numbers 15 Dec, 2020 04:35 AM 3 minutes to read New Zealand dairy production hit a record in 2019/20. It was a record year for dairy production over the 2019/20 season, despite a decline in cow numbers, DairyNZ said. DairyNZ and Livestock Improvement Corp (LIC) statistics showed that New Zealand dairy companies processed 21.1 billion litres of milk containing 1.90 billion kg of milksolids (kgMS), up 0.6 per cent from the previous season. The higher production coincides with higher prices for farmers, with Fonterra this month lifting ...