News

Livestock planning program to boost productivity and profitability

Thursday 19 March 2020

Business, technology and agribusiness consultants are being encouraged to apply to deliver a Livestock Enterprise Planning program to help grow the red meat and wool sector in South Australia.


The initiative is part of the Marshall Liberal Government's $7.5 million Red Meat and Wool Growth program.

The Enterprise Planning Program involves a panel of experts who will work with the livestock industry to create business plans, improve returns and integrate livestock technology on-farm.

Minister for Primary Industries and Regional Development Tim Whetstone said encouraging farmers to have strong business plans in place incorporating technology is vital in growing the red meat and wool sector.

"The South Australian Beef Industry Blueprint indicated only one in five beef producers recorded greater than five per cent rate of return on assets," said Minister Whetstone.

"The Livestock Enterprise Planning program is aimed at increasing productivity and profitability across the supply chain with a focus on-farm.

"The selected panel of providers will assist producers explore their businesses' strengths and weaknesses and develop a Business and Technology Plan which will identify areas to build on and grow.

"Across South Australia we have a range of experienced livestock and agribusiness professionals who can assist our farmers strengthen their business and we see greater uptake of technology, such as electronic identification tags for sheep, as a key part of that.

"The Marshall Liberal Government wants to work side by side with our producers to increase the cattle herd and grow the sheep flock to capitalise on strong market returns."

The panel of experts for this program will be required to assist farmers to upskill in various aspects of business management including business acumen and skills, risk management and resilience, using Precision Livestock Management Technology for data-based decision making, and improved production efficiency.

The red meat and wool industry is South Australia's largest manufacturing employer supporting 30,000 jobs and with a total farmgate revenue of almost $2 billion in 2018-19.

For more information, visit www.pir.sa.gov.au/redmeatandwool or SA Contracts and Tenders website www.tenders.sa.gov.au.

Applications will close at 5pm on Friday 17 April.

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