The cost of electronic animal identification tags for cattle will drop on Friday because the take-up of the technology is ahead of expectations.
The cost of a cattle tag under the National Animal Identification and Tracing (NAIT) scheme will drop from $1.10 each, to 90 cents. The slaughter levy will also fall from $1.35 to $1 later this week.
NAIT chief executive Russell Burnard said the non-profit farmer-owned company only needs to recover its costs - and it's had more money come in earlier that it thought it would.
Deer became a part of the NAIT scheme last Friday.
