LIC Chief Executive David Chin highlighted that increased uptake of sexed semen, animal health testing, and GeneMark Genomics services reflects farmer confidence in genetics as a driver of productivity and herd performance. These tools are central to accelerating genetic progress, supporting both profitability and sustainability objectives for pasture-based dairy operations.

The half-year report shows LIC’s diversified business mix, with its NZ market genetics segment generating the bulk of revenue, followed by herd testing, farm software, and international genetics services. LIC Chair Corrigan Sowman noted that while ongoing system upgrades weighed on short-term profits, they strengthen capability and farmer experience, positioning the co-operative for future growth in a competitive global genetics market.

Farmers globally are increasingly prioritising genetic gain and herd health, mirroring trends seen in LIC’s results. Beyond core dairy genetics, related industry data show rising adoption of beef genetics in dairy herds, with an 18% increase in beef straw use reported in New Zealand, driven by evolving breeding strategies and carbon-efficiency goals.