Grains Australia is pleased to announce that $574,000 of Agricultural Trade and Market Access Cooperation (ATMAC) Program funding has been awarded to new projects that will provide further opportunities to diversify the production and export of Australian grain.
The funding will be used to execute four projects being coordinated by Grains Australia on behalf of the Australian grains industry to deliver value across the sector.
Dr John Ackerman, General Manager Trade and Market Access, Grains Australia acknowledged the importance of the ATMAC Program funding in facilitating important opportunities to expand trade, diversify markets and grow exports for the Australian grain industry.
“This funding from ATMAC builds on a grant of over $900,000 awarded to Grains Australia in round one and we look forward to continuing to work with the Federal Government to improve Australian grains market diversification frameworks and further investigate opportunities for grains in new and emerging markets.”
Richard Simonaitis, CEO of Grains Australia said, “The $574,000 of ATMAC funding joins a $180,000 contribution from the Grains Research and Development Corporation (GRDC) to be used for market diversification as part of investment in new and growth areas under the corporation’s new RD&E 2023-28 Plan.
“The ATMAC and GRDC funding will be used on two projects – the first to develop market indices to identify future opportunities for Australian wheat and barley and a second that will identify immediate South East Asian aquaculture markets which best fit for Australian grain.”
“Grains Australia will coordinate these projects and two more funded by the ATMAC Program with in-kind support from across the industry. Those projects are benchmarking Australian wheat quality and performance against competing origins and facilitating an Indonesia Round Table at the Australian Grains Industry Conference (AGIC) Asia in 2024.”