[8 June/ Stuff]

Veterinary Enterprises Group has bought a 12.51 percent investment in FarmIQ Systems. The minority shareholding was made after Veterinary Enterprises Group worked with FarmIQ on developing their own software for the group’s GrazCare and StockCare businesses. Group Spokesman Andrew MacPherson said the platforms FarmIQ developed might provide value for the Group’s clients and the investment offers the opportunity for the Group to open new business. The software, now being marketed by a new company, FarmIQ Systems Ltd, is used mainly by pastoral farmers to manage staff, record and monitor growth rates, weights and carcas performance.