Dairy Invest, who is chipping in? Courtesy of FARMWEST News

As Western Dairy Chair Jacqui Biddulph recently explained, the Department of Agriculture and Food and industry has really got behind Dairy Invest.
“I have been overwhelmed at the support Dairy Invest has received, particularly from DAFWA, not just the dairy team, but also the Trade and Development Unit. Dairy farmers should feel excited that their industry is viewed so positively by government,” she said.
From a small amount of seed funds sourced from Dairy Australia, Western Dairy has been able to leverage $120,000 in resources and value from DAFWA and the four major dairy processors to put towards a huge range of actions, resources and supporting materials. With additional in-kind project management from Western Dairy, the total industry investment for Stage 1 of Dairy Invest is over $153,000.
The Dairy Invest business case was developed by consultant Glenys Hough and has already been used widely. Jacqui Biddulph says: “We have been able to present the facts about investment in dairy and this has generated a significant amount of interest from other farmers involved in agriculture.”
The Dairy Invest website also has been receiving a large number of hits, with the DVD video played 760 times on You Tube.
Now with further support from DWA, processors, DAFWA and a number of other investors keen to get involved, Stage 2 of Dairy Invest is working on a range of support materials for farmers including explaining sharefarming and leasing options, outsourcing or specialising in dairy support services (agistment and specialist calf rearing etc), managing risk in a growing business.
Jacqui Biddulph says the success of Dairy Invest so far is down to the high level of cross industry support it continues to receive from all sectors, looking to re-establish dairy as a force in agriculture in WA.

Article supplied by Farm West Services

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