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Meat and Poultry Industry NewsBeef

Vytelle and Blocktrust Network promote feeder cattle value

Vytelle develops tools to characterize differences in feed efficiency among groups of feeder cattle via the Blocktrust Network’s permissioned blockchain.

By Industry News
Vytelle logo
Vytelle

Courtesy Vytelle

February 27, 2024

Vytelle, an independent IVF company and curator of the world’s largest feed-efficiency database, is announcing a strategic collaboration with Blocktrust Network, an API-driven platform, to enhance transparency and efficiency in the beef supply chain. This collaboration marks the first of its kind aimed to leverage their respective strengths targeting the feeder cattle market. Vytelle will develop tools to characterize differences in feed efficiency among groups of feeder cattle via the Blocktrust Network’s permissioned blockchain. This information will provide buyers unique insights on the value of cattle, shining a spotlight on the value of calves sired by bulls from breeding programs that are driving genetic improvement in feed efficiency, a critical driver of profitability and sustainability in cattle feeding.  

“We are thrilled to embark on this groundbreaking collaboration with Blocktrust,” said Kerryann Kocher, CEO of Vytelle. “Vytelle has a long history of capturing individual standardized phenotypic feed intake and growth data with our network of progressive seedstock producers globally.” This collaboration is a step forward in building markets that acknowledge the value of premium genetics for Vytelle’s seedstock customers by increasing the demand for their progeny. 

“Blockchain technology has proven to be a transformative force across various industries and Blocktrust Network is thrilled to bring a new level of transparency to the beef supply chain”, said Gregg Barfield, CEO of Blocktrust Network. “The opportunity to classify cattle individually based on their genetics and performance through harvest will unlock markets and value for smaller producers to participate in quality-driven sustainable supply chains.”

Sources: Vytelle; Blocktrust Network

KEYWORDS: beef supply chain blockchain feeders livestock transparency

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