TERRAGEN HOLDINGS LTD

0.020

0.000

Volume:- -

Turnover:- -

Market Cap:10.10M

PE:-1.95

High:0.020

Open:0.020

Low:0.020

Close:0.020

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The company’s ‘Ruminant Probiotics’ caused a 4.6% ‘increased average daily weight gain’ in the trial placed in a beef feedlot and overseen by two experts.The ultimate price per carcass increased by $57, the company explained, also boosting the return on investment when considering feed costs.The study looked at single and double doses of Terragen’s probiotic versus liquid MYLO and a control group. Double-dosed cattle came in nearly 9kg heavier than control counterparts; that cohort is from where the +4.6% daily gain metric was plucked.However, single-dose dry probiotic cows’ feed conversion ratio improved nearly +13% compared to control. Given Terragen’s metric of an average ration cost of $380/tn, that increase allows farmers to save nearly $50/tn . 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