Traded as NZX: LIC Key people Wayne McNee (CEO) Headquarters Waikato, New Zealand Subsidiaries FarmKeeper Pty Ltd. | Industry Agribusiness Website LIC.co.nz Founded 1909 | |
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Type Public (shareholding restricted to farmers) Products Dairy farming consultancy, quality bull semen, artificial insemination services, computerised herd management, farm automation, herd testing, specialist genetics expertise Stock price LIC (NZE) NZ$ 2.60 0.00 (0.00%)21 Mar, 1:32 PM GMT+13 - Disclaimer CEO Wayne McNee (29 Jul 2013–) Profiles | ||
100 years of refinement livestock improvement corporation
Livestock Improvement Corporation, or LIC, is a multinational farmer-owned co-operative which, for more than 100 years, has provided genetics expertise, information and technology to the dairy sector, aimed at improving the prosperity and productivity of farmers.
Headquartered in Hamilton, New Zealand, and with regional bases throughout the country, LIC also has offices in the United Kingdom, Ireland, USA, Australia and agents in South Africa and Asia.
The co-operative is listed on the New Zealand stock exchange, with 11,000 NZ dairy farmer shareholders.
LIC has its roots in 1909, when the first organised routine herd testing service was conducted by and for New Zealand dairy farmers, with the support of the New Zealand Department of Agriculture. Since then, it has grown to become a major enabler and contributor for the New Zealand dairy sector, with over 75% of all dairy cows within New Zealand being sired by LIC-owned bulls.