Cotton Australia CEO Adam Kay said the Cotton Flood Relief Fund was kicked off by a $2 million contribution from Monsanto, with other cotton-growers and industry groups also contributing.
Cotton Australia CEO Adam Kay said the Cotton Flood Relief Fund was kicked off by a $2 million contribution from Monsanto, with other cotton-growers and industry groups also contributing. Margie Mcclelland

Flood relief for cotton-growers

COTTON-GROWERS adversely affected by last summer's floods are now eligible to apply for assistance through the Cotton Industry Flood Relief Fund.

Cotton Australia said it had continued to develop an ongoing support system "delivering real benefits to flood-struck, cotton-farming families".

Cotton Australia CEO Adam Kay said the Cotton Flood Relief Fund was kicked off by a $2 million contribution from Monsanto, with other cotton-growers and industry groups also contributing.

"The main aim of this fund was to deliver targeted assistance via a simple process, without being tied up in complex paperwork and formality, with financial support given to those growers who can demonstrate severe production losses," Mr Kay said.

"We have also set up a stand-alone company with an independent board and advisory panel to manage the fund, develop assessment criteria and oversee the funds' distribution.

"The financial assistance available will be to help in purchasing planting seed for the 2011-12 crop, based on production impacts calculated on area planted," he said.

Applications are open until November 25 and forms are available at www.cottonaustralia.com.au.

For information on the fund, growers should contact Cotton Australia's policy manager for Queensland and Water Michael Murray by telephoning 0427707868.


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