Society ploughing back more than £100,000 in scheme

First published in Farming

THE British Limousin Cattle Society (BLCS) is returning more than £100,000 to its members in two breed improvement incentives.

The breed improvement refund scheme will pay back just over £65,000 and almost £40,000 under the herd health initiative.

In the 2013 financial year £65,750 was paid back to British Limousin breeders in pedigree refunds – up £5,000 on the year. A long-established breed improvement tool, the monies-back-incentive allows breeders to assess the quality of the stock they have registered up to the age of 450 days.

If the breeder chooses to de-register the animal before it has reached that age, a flat rate refund of £20+VAT per animal is returned.

John Phillips, BLCS vice chairman, said: “This is a simple but highly effective breed improvement tool that has seen the Society return over £650,000 of registration income to breeders.

“It is a significant investment in the breed’s future and is indicative of the Society’s on-going intent to encourage breeders to be selective and drive continuous breed improvement in the British Limousin Herdbook.”

In 2013, an additional £100,000 in savings and returns to members was achieved by the Society through its Herd Health Initiative; reduced performance recording fees; subsidised DNA testing; and efficiencies in the BASCO herd book system.

Over the last five years alone, more than £500,000 in returns and savings have been made and passed back to BLCS members.

Within these figures, £39,512 was refunded to members through its Herd Health Initiative in 2013. The cash-back scheme, based on £4+VAT for each calf registered in the past year, financially supports breeders who are making the long-term investment into herd health assurance. To receive the financial support, herds need to adhere to the terms of a CHeCS licenced scheme and have an approved animal health scheme in place.

Comments

Comments are closed on this article.

Send us your news, pictures and videos

Most read stories

Local Info

Enter your postcode, town or place name

About cookies

We want you to enjoy your visit to our website. That's why we use cookies to enhance your experience. By staying on our website you agree to our use of cookies. Find out more about the cookies we use.

I agree