Project fund­ing to lift live­stock profit

Countryman - - CATTLE MARKETS -

Meat and Live­stock Aus­tralia has called on live­stock pro­duc­ers to ap­ply for project fund­ing aimed at im­prov­ing prof­itabil­ity and pro­duc­tiv­ity.

Fund­ing has opened for live­stock pro­ducer groups to run lo­cal projects to val­i­date and demon­strate the busi­ness value of in­te­grat­ing new tech­nolo­gies and on-farm man­age­ment prac­tices into lo­cal farm­ing sys­tems.

Pre­lim­i­nary pro­pos­als for pro­ducer demon­stra­tion sites projects re­lated to sheep and beef en­ter­prises are sought that align with the rel­e­vant 2017-18 re­search, de­vel­op­ment and adop­tion pri­or­i­ties iden­ti­fied through its re­gional con­sul­ta­tion process.

MLA’s pro­ducer demon­stra­tion sites pro­gram pro­vides fund­ing of up to $25,000 a year for a max­i­mum of three years for up to 10 beef cat­tle projects, five sheep projects and two goat projects that can be­gin in 2018.

This is the sec­ond round of MLA’s pro­ducer demon­stra­tion sites open-call process for 2017-18, with seven new projects awarded fund­ing ear­lier this year in WA, Vic­to­ria, New South Wales and Tas­ma­nia.

Project gen­eral man­ager Michael Crow­ley said the crit­i­cal out­come of a pro­ducer demon­stra­tion sites project is pro­ducer adop­tion of the demon­strated in­no­va­tion and man­age­ment prac­tices to achieve im­proved prof­itabil­ity and pro­duc­tiv­ity.

“The PDS pro­gram is aimed at in­creas­ing the rate of adop­tion of key man­age­ment prac­tices and tech­nolo­gies that im­prove busi­ness per­for­mance and short­en­ing the time lag be­tween tech­no­log­i­cal in­no­va­tions and on-farm adop­tion,” he said.

“A PDS must be ini­ti­ated by a pro­ducer group and ad­dress a key adop­tion is­sue lim­it­ing en­ter­prise pro­duc­tiv­ity and prof­itabil­ity and demon­strate pos­i­tive re­sults when adopted by pro­duc­ers.”

Pre­lim­i­nary PDS ap­pli­ca­tions should be sub­mit­ted on or be­fore Jan­uary 31.

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