NEW ZEALAND: Fonterra to invest in cattle DNA venture
New Zealand dairy exporter, Fonterra Cooperative Group Ltd, is set to invest NZ$60m (US$28m) in a biotechnology venture that aims to identify genes responsible for certain milk production traits in cattle. The venture, named Boviquest, hopes to maximise profitability by identifying genes linked to qualities such as milk fat and protein content and high milk production. By screening cattle for these valuable genes, it will be easier for farmers to select which of their cattle are most suitable for breeding.
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