Britain, had generated K17.4 million in revenue last year.
Nick Thompson said cattle production looked promising this year.
to its report last year, the company produced 1,435 metric tons of beef, up
from 1,304 the previous year. Their entire product was sold
Thompson said although cattle production was just a smaller
part of NBPOL’s business, it was gradually growing.
“The cattle will be
small because you’ll see it as a very small part of our business,” Thompson
“The cattle had a record year last year in terms of its contribution
and I think that will be smashed this year.”
According to the report,
breeding work continues to steadily improve the herd genetics at both sites and
the management’s focus on nutrition and animal condition was showing strong
Thompson said: “So it’s on an upward trend in terms of its
Constant work on improving pastures, increasing fodder crop
production and increased feedlot capacity had seen slaughter weights continue
to improve averaging 257 Kgs per head last year.
The Ramu and Numundo
premium beef brands continue to strengthen with the improved quality.
report said the domestic demand for consistently good quality beef remained
high, a trend that looked set to remain for the next few years. “While beef
production will continue to play only a minor role in the overall investment
strategy for the group, it has its place especially in areas where cattle and
oil palms can be intercropped or on areas where oil palms are unsuited as a
sole commercial crop.
“The company’s commitment to excellence in all facets
of the group’s operations is reflected in the improving quality of our cattle
and increasing demand for our beef products.”