Venture aims to boost profit from cattle
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