A PROBIOTIC that could bring $370 million in gains to the feedlot industry has taken out the top award at Beef 2018 Pitch in the Paddock.
In a style, similar to the television show Shark Tank, eight finalists pitched their start-up companies to a panel of judges and a packed Beef 2018 audience.
A cash prize of $5,000, as well as a half day mentoring session with KPMG partner Hamish Doley was awarded to feed additive company, ProAgni.
In his pitch, ProAgni, co-founder and chief technical officer, Robert Bell said long term exposure to low doses of antibiotics in the cattle industry could result in resistant gut bacteria.