Sugar Research Australia (SRA) has released a comprehensive report on its performance for the 2017/18 financial year, with this publication explaining how SRA has delivered return on investment for its industry and government investors.
In releasing the 2017/18 Performance Report, SRA CEO Mr Neil Fisher said that SRA was committed to keeping all investors, research partners, collaborators and other stakeholders informed regarding the value that is provided by SRA.
"Our annual Performance Report details the achievements of SRA and how they align to our Annual Operational Plan and our five-year Strategic Plan," Mr Fisher said. "This Performance Report provides robust, quantifiable and meaningful data that articulates how SRA is creating impacts and outcomes for sugarcane growers and millers."
For example, in the 2017/18 financial year SRA helped optimise the feed-train of 24 harvesters, reducing sugar loss for the value chain and improving profitability.
SRA also released six new sugarcane varieties that have a range of productive traits for growers and milllers, and we developed the CogCalibrator tool to make calibrating fertiliser boxes easier and allow growers to save money on their fertiliser inputs. SRA investment also saw the development of a blueprint for sugarcane mill managers to guide improvement strategies. This blueprint details new processing technologies and their cost-benefit relative to conventional technologies in the Australian industry.
Mr Fisher said that SRA has also embarked on major initiatives to improve the adoption of technology in the industry, and to modernise the sugarcane breeding program.
SRA is the industry-owned company for research, development and adoption for the Australian sugarcane industry.
"SRA has listened to our investors and their need for us to demonstrate how we are providing value," Mr Fisher said. "We are delivering against the four goals in our Strategic Plan: driving profitability; improving sustainability; enhancing capability; and strengthening organisational excellence.
"Our Performance Report is one tool we use to communicate how SRA is delivering for our investors against these overarching goals."
The Performance Report is available on the SRA website here.