AMPC's series of industry insights will provide topical analysis of economic and production issues affecting the red meat processing industry.
An independent review has examined the expected impacts of 60 AMPC-funded research projects completed between 2020 and 2025, drawing together six years of ex-post impact assessments across AMPC’s RD&E portfolio.
The analysis covered around $20.8 million in AMPC investment and found that projects delivered consistent positive returns over time. The overall average return was $6.20 in benefits for every $1 invested. In most cases, benefits were realised within five to 10 years of project completion.
In addition to economic outcomes, the review found that many projects also delivered environmental and social benefits, including improvements in energy efficiency, waste reduction, workforce capability and community trust. All projects assessed aligned with at least one Australian Government innovation priority, particularly in digital agriculture, climate resilience and maintaining Australia’s position as a trusted exporter of premium food.
AMPC continues to monitor, evaluate and report the expected return from its investment portfolio.
This edition provides a consolidated summary of longer-term economic and industry forecasts, as well as analysis of processor input costs. The focus of our insights will change to reflect recently released data and current issues impacting our industry.