RCS - Wynnstay Group PLC - Dancing with Daffodils Project

WynnstayAnnouncement

25/07/2023 07:00

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RNS Number : 0084H  Wynnstay Group PLC  25 July 2023

AIM: WYN

Wynnstay Group Plc

("Wynnstay" or the "Group" or the "Company")

 

Dancing with Daffodils Project

 

Potential Breakthrough Product For British Ruminant Livestock Farmers

 

Wynnstay, the agricultural supplies group, is pleased to announce its
involvement as a consortium partner in a revolutionary research project into
the use of daffodils to reduce cattle methane emissions. The Dancing with
Daffodils project aims to transform the efficiency and sustainability of
ruminant livestock farming and is supported by the Department of Farming,
Environment and Rural Affairs and Innovate UK, the UK's national innovation
agency.

 

The project is developing a novel feed additive, using a specific alkaloid
extracted from daffodils, which has been shown in the laboratory to achieve
exceptional results in methane reduction and protein utilisation in ruminants.

 

Preliminary data estimates that direct methane emissions from ruminants can be
significantly reduced and that feed protein utilisation may be improved by up
to 50%.  This could potentially increase the productivity of the ruminant
sectors and drive multiple environmental benefits.

 

The consortium is also spearheading the cultivation of daffodils to support
the roll-out of this new feed additive and developing a precision on-farm gas
analyser to monitor in real-time individual ruminant emissions of methane,
hydrogen, carbon dioxide and ammonia.

 

Wynnstay is well-positioned as the project's route-to-market for its
end-products and the project aligns with the Group's objective of supporting
farmers to produce food in a more sustainable way.

 

Gareth Davies, Chief Executive of Wynnstay Group plc, commented:

 

"We are delighted to be a consortium partner in the Dancing with Daffodils
project, which has the support of Innovate UK and DEFRA. This exciting project
has the potential to deliver a breakthrough product for livestock farmers,
which will significantly reduce methane emissions and enhance protein
utilisation in ruminant animals.

 

"There are significant environmental benefits and we very much look forward to
helping to progress this project to completion and providing the
route-to-market for the technology."

 

 

Enquiries:

 Wynnstay Group Plc  Gareth Davies, Chief Executive   T: 020 3178 6378 (today)

                     Paul Roberts, Finance Director   T: 01691 827 142

 KTZ Communications  Katie Tzouliadis, Robert Morton  T: 020 3178 6378

 

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