The Australian fodder industry is set to undertake some rapid developments, following a new 5 year plan detailing the future of exports internationally.
The plan, created by the Australian Fodder Industry Association (AFIA) outlines a number of key priority areas including an open hay breeding program, agronomy, chemical usage, fodder analysis, animal nutrition, bio security and OH&S.
CEO of AFIA, John McKew told Flow FM about how the plan will be funded, following the introduction of a $0.50 p/tonne levy on all exports last July, and fund matching from the Federal Government.
This will allow a potential $1.1 billion dollars to become available for the fodder industry to invest into the future.
The 5 year plan has also been signed off by the Rural Industries Research and Development Corporation (RIRDC), who in association with voluntary contributions from the export hay sector of the fodder crops industry, previously funded the program.
Mr McKew said he hopes to see a strong growth of the fodder industry, both domestically and internationally into the future.
“I would love to see [the fodder industry] double in 5 years and the value continue to grow.
“There is every opportunity we can achieve these milestones, and this investment from the industry will ensure we continue not only to protect, but promote and grow the fodder industry,” he said.