Livestock Improvement in talks with Agria over $10M loan

Tue, 23 Oct 2012

By Paul McBeth Oct. 24 (BusinessDesk) - Livestock Improvement Corp, which has been compensating some farmers for selling bull semen that caused 'hairy calf' mutations, is in talks with Chinese-linked agriculture firm Agria Corp over a $10 million loan that is due for repayment next week. The New Zealand farmer-owned company that sells bull semen and provides a dairy genetics database is in talks with Agria and the Chinese-linked firm's senior lender about the loan and will update the market once those discussions are complete, it said in a...

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