Innovative projects sought for dairy industry

Fund chair Dennis Mutton said the unexpected price cut by Murray Goulburn last week made the work of the fund even more critical.

“We know there are no easy, short-term solutions that will overcome the immediate situation, but it is vital that we find ways to moderate the impact of fluctuating global commodity markets and low domestic fresh milk prices on South Australian dairy farmers and their communities,” Mr Mutton said. 

The first round offered about $40,000 to four projects in leadership, investment attraction and research. This round will release $150,000.

“We’ve been able to leverage and partner with other organisations to make the money go further to benefit our industry,” Mr Mutton said. 

“If we’re as good the second time around, I think we can turn this into about $400,000.

“We’re looking for game-changers, things that are going to make a difference.”

Mr Mutton said some ideas they would consider are processors and marketers looking at more high value options, while they also seeking projects to reduce producer costs or diversify enterprises.

He said there was also capacity outside the annual cycle to fund important projects.

The fund is supported through the sale of the SADAFresh milk brand with 40 cents from every carton sold in Coles supermarkets to support dairyfarmers.

Applicants have until June 10 to submit concept proposals, with a final decision in August.