The first sale of an emission-reducing cattle feed has been announced in South Australia, marking a milestone after years of research and development.
The sale comes after four years of research and development by the CSIRO, Meat and Livestock Australia and James Cook University.Mr Main said CH4 would exclusively deal with large-scale feedlots and meat processors before expanding its offering to other types of farm in the future.
"We need to also grow to be able to provide our technology to those animals that are seeing people less and aren't supplementary fed — that is the broadacre farming sector."The international patent rights to sell asparagopsis as a feed additive are held by FutureFeed, an offshoot of the government-owned CSIRO with private backing from Woolworths Group, GrainCorp, Harvest Road and Sparklabs Cultiv8.
While Australian producers have the first-mover advantage, the international licensees, including CH4, are working on producing it overseas. "However, to have the full reach to get this to as many cows as possible in a short time, we are looking to replicate this elsewhere in the world."Research suggests very little asparagopsis needs to be included in a ruminant animal's feed for its methane emissions to plummet."The amount of seaweed we'd need to give it is less than a squash ball — it's 50 grams."
Those credentials could ultimately take the form of marketing for meat products or government-backed carbon credits.
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Australian shares close financial year down 10pcThe S&P/ASX 200 Index finished the financial year down 10.2 per cent, and on Thursday Australian shares retreated 2 per cent.
Read more »
House prices head below pre-pandemic values as interest rates riseAfter a 25.3 per cent surge in 2021, Sydney prices are expected to fall by 8.8 per cent this year and 13.4 per cent in 2023, NAB’s revised forecasts show.
Read more »
Energy Minister outlines climate visionEnergy Minister Chris Bowen clarified Labor's 43 per cent emissions reduction aim is not a ceiling and is willing to work with the crossbench on sensible amendments to combat climate change.
Read more »
Census results mean religions should stop getting special treatmentThis census result is the first time that the number of Australians indicating a belief in Christianity is less than 50 per cent. | Heidi Nicholl | OPINION census
Read more »
Census results mean religions should stop getting special treatmentOpinion: It is time to rethink and reconsider all of the many ways in which the Australian state privileges religious institutions | DrHeidiNicholl
Read more »
ASX to fall as S&P tracks for worst start to the year since 1970The ASX is set to drop as Wall Street sold off again and the S&P 500 looked set for its worst start to the year in more than half a century, with declines of over 19 per cent so far.
Read more »