Meat and Livestock Australia (MLA) has sought formal agreement from the Australian Meat Processor Corporation (AMPC) to jointly fund an accelerated rollout of DEXA objective measurement.
The proposal would split the anticipated $150 million cost of fully installing DEXA units in up to 90 AUS-MEAT accredited facilities between the processing and production sectors, reflecting the shared benefit that the new system for accurately measuring lean meat yield will provide.
MLA managing director Richard Norton said the collaborative approach would realise more of the potential benefits from DEXA sooner – igniting an industry-wide productivity boom by offering the technology to every AUS-MEAT registered processing plant in the nation.
“If AMPC and MLA can split the cost of implementing DEXA, we can capture greater efficiencies and ensure both the production and processing sectors pay their fair share,” Mr Norton said.
“To date, MLA has sought to meet the early demand from some processors who want to get on with installing DEXA through an initial allocation of $10 million in co-funding,” he said.
Mr Norton said multiple agencies and reports had recommended the industry adopt objective measurement systems.
Most recently, an independent economic assessment commissioned by MLA and AMPC identified a $420 million potential annual benefit to the industry from the full adoption of objective measurement technology.