NZ Livestock Reaping Benefits of Biofuel Bubble

NEW ZEALAND - New Zealand beef farmers are reaping the benefits of sky high international prices for grain biofuels.
calendar icon 14 July 2008
clock icon 1 minute read

According to One News, North American meat producers are becoming so fond of grass-fed beef they've bought the entire livestock of a Wanganui stud farm.

The cattle represent a lifetime's work for Rotokawa studmaster Ken McDowall.

Semen from Rotokawa's giant bulls has been sent to North America and around the world for the past decade, producing royal show champions.

But when McDowall revealed he was planning to retire, the Americans wanted his livestock.

  • View the One News story by clicking here.
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