A Townsville-based collaboration has been awarded a $125,000 grant from the Coalition Government to identify and develop markets for African Mahogany.
Townsville based Government Senator Ian Macdonald today welcomed the funding, as part of a $1.3million grant round to support new cooperative and collaborative business arrangements and boost farmgate returns.
Tropical Mahogany Suppliers will use the funding to establish a cooperative to identify and develop markets for African Mahogany grown in northern and western Queensland. The group aims to achieve the best prices for logs and sawn product, and to value-add through portable on-farm processing.
“This will lead to opportunities to develop a market for African Mahogany time, and provide access to the result of research into the latest timber processing techniques and digital marketing systems,” Senator Macdonald said.
“As Forestry Minister some years ago, I was concerned at the promotion of African Mahogany and the subsequent apparent disappearance of the promoters. This new initiative emanating out of Townsville will address the concerns of those who took up the challenge but found the promised long term activity was not available.
“I congratulate those whose initiative has led to this new opportunity.
The project is an example of the type of co-operation and collaborating the Government is committed to supporting, and it was great to see it happening in Townsville, Senator Macdonald said.
“Co-operatives support better and fairer farmgate returns, allowing farmers to pool their resources and gain greater control of the supply chain and more bargaining power.
“It is important that farmers have access to information and experts to properly consider whether a co-operative or collaborative arrangement is right for them.”
The Coalition Government’s $13.8million Farm Co-operatives and Collaboration Pilot Program, delivered through Southern Cross University, funded this grant round.
It is another initiative delivered through the Government’s $4billion Agricultural Competitiveness Whitepaper. For more information on grant recipients, visit farmingtogether.com.au