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Rabobank announces support measures for farmers impacted by flood damage
AGRIBUSINESS banking specialist Rabobank has an- nounced it will offer a range of support meas- ures to farming clients adversely impacted by floods and torrential rainfall in NSW and Queensland.
land,thereareconcerns about damage, particu- larly in the mid-north coast region of NSW,” Mr van Doremaele said.
loan increases neces- sary for rebuilding op- erations
Rabobank group ex- ecutive country bank- ing Australia Marcel van Doremaele said early indications were that damage from the recent extreme rainfall event affecting the east- ern states had primarily been in coastal regions of NSW, particularly the mid-north coast, with reports of live- stock losses, flooded paddocks, access issues and damage to fodder crops and fencing.
Mr van Doremaele said the bank would work directly with cli- ents whose farms or ag- ribusinesses had been impacted to provide support through imme- diate difficulties and offer a range of assis- tance measures in ap- plicable circumstances.
Any farming clients who had been impact- ed by the floods and had not yet spoken to the bank, should con- tact their local branch or phone Rabobank on 1800 025 484.
“As well as the devas- tating impact this rain- fall event has had on a number of communi- ties in northern NSW and southern Queens-
• Deferral of sched- uled loan payments
“We are keeping a close watch on the situation and are con- tinuing to make contact with clients in impacted areas to offer support and gauge the extent of any damage they have sustained.”
• Waiver of fees for equipment finance con- tract variations.
These included:
“While we hope good rainfall totals will be largely welcomed by producers in a number of those areas, there is the concern that exces- sive volumes could be damaging,” he said.
• Waiver of break costs on early redemp- tion of farm manage- ment deposits
For more information, visit rabobank.com.au
• Waiver of fees on
Mr van Doremaele noted more heavy rain- fall was forecast for northwest and western NSW, with heavy falls also experienced in southeast Queensland.
Insects for feed
THE Insect Protein As- scaling to commercial addition to the relevant feed regulation, labelling
sociation of Australia provides support, refer- ral and advocacy for in- dividuals and companies who are engaged or in- terested in working with insects as a product, or farming insects for sale as a protein for livestock feed.
capacity and a variety of smaller operations either developing their process- es or commencing their research and develop- ment.
livestock feed regulations relating to restricted ani- mal material and other labelling standards and regulations.
and processing laws out- lined by each state.
The insect for feed steering committee is a sub-committee within the IPA A.
In total, currently there are 45 individuals or com- panies who are actively pursuing farming fly lar- vae for livestock feed in Australia.
It is important to note that insects are consid- ered animals as per the Livestock Feed Act of Australia – guidance rela- tive to what can be fed to insects in each state can therefore be determined, based on the relevant in- formation, for feeding livestock in each state. Livestock feed
The IPA A encourages all members to establish connection with relevant governing bodies on these issues in addition to consulting with the Stock Feed Manufactur- ers Council of Australia. Steering committee
It is currently investi- gating relevant issues and policy needs of the sector, and continues to provide insight and support to members in this area.
The feed steering com- mittee has the determined the following:
Substrate
The IPAA will continue to work on building best practice and a portfolio of referral for members who are stakeholders in the in- sects for livestock feed industry, and will update member information ac- cordingly.
The insect for feed in- dustry in Australia com- prises of five fly farms
The IPA A recommends that all insect for live- stock feed farmers con- sider both the waste man- agement and handling regulations relative to their state or territory, in
All insects destined to commercial livestock feed or pet food must meet the regulation re- quirements for these products as outlined by
For more information, visit insectproteinassoc. com
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@basfpestcontrolau
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National Poultry Newspaper, April 2021 – Page 13


































































































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