NATIONAL trade credit insurance co-operative Stockinsure has consolidated its position as the largest trade credit insurance provider to Australia’s independent livestock selling agents with the acquisition of the Queensland Del Credere stock agent scheme.

Stockinsure, also known as the Stock & Station Agents Co-operative Ltd was founded in 1994 to give cash flow protection support for members throughout Australia. The Del Credere purchase adds more more Queensland agents to its large membership base.

Stockinsure’s chief executive officer Matthew Starr said the Queensland acquisition was a good fit and allowed those Queensland members to transfer from a scheme requiring credit limits on buyers to be established under each policy, to the Stockinsure program. For Stockinsure to provide such comprehensive cover it sources cover from four specialist trade credit underwriters.

“Stockinsure is the only program in Australia that offers blanket cover, while there is also no excess on claims, no stamp duty and no limit investigation or broker fees.

“It is a low maintenance insurance program to run and we have every listed buyer in the Del Credere scheme now covered under the Stockinsure program,’’ Mr Starr said.

In November this year Stockinsure also purchased the trade credit insurance scheme and attaching policies from National Credit Insurance Brokers Pty Ltd (NCI).

Virbac staff get out on farms

SCIENTISTS from Virbac Australia’s research and development team recently travelled to Bathurst and Orange in New South Wales to get closer to resellers and producers.

Over three days, in a bid to ensure the products they develop are well-matched to producer’s needs, the 17 scientists visited several stores, farms and the Australian National Field Day at Borenore.

Virbac Australia’s director of research and development Dr Robert Dempster said although the company had an active and relevant new product portfolio it is important that the people who develop and support the company’s products understand the market.

“We need to be developing products that really make a difference to productivity and ultimately the farm’s bottom line,” he said.

“Our scientists go back to basics when they visit properties and field days in rural Australia.

“They put their boots on and get a chance to work with cattle and sheep,” he said.

“We get a chance to ask how animal health fits in with the priorities of resellers and producers.

“We also get to sample the trends occurring in market, for example the increasing use of automated handling equipment on sheep farms.”

Dr Dempster said some of the more significant points raised by farmers during the scientists’ visit to Borenore was the need for better options for producers in getting their cattle and sheep through periods of drought, products that are effective against resistant strains of worms, as well as products that offer more convenience.

“This is something our scientists have taken back to the labs to test and trial new and better solutions for the tough conditions our producers face.”

Lambex trade exhibitors offer

EXHIBITORS at LambEx 2018 on August 5-7 will have access to the largest event space yet – with 5500 square metres of display space at the Perth Convention and Exhibition Centre.

The huge space will mean the LambEx 2018 trade exhibition will be the biggest yet allowing delegates to access the latest and greatest information and equipment.

To celebrate, the LambEx 2018 team have released a special offer for a limited time, with an early bird rate available for freestanding exhibition spaces. The offer means that businesses wanting to display livestock, equipment, supplies or vehicles will be able to book a trade space for a special rate – but the offer is only available until December 15.

Conference Chair Bindi Murray said the trade exhibition was the centre of LambEx 2018, with all catering being served in the area, meaning exhibitors would be right in the heart of the action to engage and network with delegates.

“We are really excited to be at the PCEC – it’s a fabulous space for us to be able to showcase all that is sensational about the sheep and lamb industry,” she said.

“With 5500 square metres, there is double the exhibition space of previous events so we will literally be able to fit whatever exhibitors want to bring.”

LambEx 2018 major event partners are Meat & Livestock Australia, the WA Government Department of Primary Industries and Regional Development and WAMMCO.

Details: Visit www.lambex.com.au or contact Event Organiser, Rebecca Jeisman, AgCommunicators on [email protected] or 08 8332 3277.

Tri-Solfen registered in New Zealand

ANIMAL pain-relief product Tri-Solfen has been successfully registered for sheep and cattle procedures in New Zealand.

Australian company Medical Ethics Pty Ltd, the parent company of Animal Ethics Pty Ltd said Tri-Solfen was registered through the Ministry for Primary Industries, which leads and facilitates the management of animal welfare policy and practice in New Zealand.

Tri-Solfen is a local anaesthetic and antiseptic gel spray that adheres well to wounds and acts as a barrier to environmental stimuli, promotes haemostasis and improve wound healing.

Tri-Solfen is already registered in Australia separately for sheep and cattle husbandry procedures, where it is marketed and distributed by Bayer Animal Health, a global leader in animal health. To date, Tri-Solfen has been used to successfully treat over 80 million animals undergoing routine surgeries in the Australian livestock industries.

Animal Ethics accelerated the expansion of its global registration programmes earlier this year through a commercial partnership with Dechra Pharmaceuticals PLC (Dechra), a FTSE 250 international veterinary pharmaceutical business. As part of the partnership, Dechra became a cornerstone investor in Medical Ethics and, in a separate agreement with Animal Ethics, secured the global licensing rights (excluding Australia and New Zealand) for the group’s proprietary platform technology in animals. Dechra will support the Group’s strategy to register Tri-Solfen in major international markets, such as the European Union and the United States.

Medical Ethics managing director Allan Giffard said more than one billion livestock animals globally undergo highly invasive painful husbandry procedures annually.

“This registration is an important milestone for Medical Ethics as we further expand our international reach and help to minimise suffering associated with wounds in livestock.

“Farming communities globally are responding to new animal welfare pressures, and Tri-Solfen is proven to deliver a highly effective, practical and cost-efficient solution to improve animal welfare outcomes,” he said.

“We are currently in multiple marketing and distribution rights negotiations to bring this globally recognised technology to New Zealand.”

 

• AgBiz and Product News is an occasional compilation of contributed rural product and business news items collated by Sheep Central. Send your business news and product development items for consideration to [email protected]