Extracting more value from a cattle carcass has convinced the Government to split costs in an $87 million research project with meat exporter Anzco Foods.
Each partner will produce half the funding under the Government's Primary Growth Partnership (PGP) scheme, which has invested more than $650m in joint government-industry projects since it began.
The co-funding will be carried out over seven years for the new Foodplus programme.
Foodplus will identify new products, with a focus on low-value parts of the beef carcass.
Ministry for Primary Industries director-general Wayne McNee said adding more value to meat carcasses was essential for the future success of the meat industry. Fairfax NZ
- Taranaki Daily News
What do you make of New World's Little Shop toys?Related story: Shopping giveaway 'harming children'
Get Taranaki's frequent news and sport updates
Choose an iconic Taranaki photo as wallpaper for your computer
Astronomer Tom Whelan explains what is in the Taranaki heavens for each month.