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rought-hit Victorian
farmers battling the devastating effects of failed crops and financial losses
will now be able to apply for a share of $30 million in loans.
Severe dry conditions have crippled grain growers in
north-west Victoria this season, some properties having had no meaningful
rainfall for months on end.
Many crops have failed in the Wimmera and the Mallee, and
will not produce any grain, while others have been cut for hay because the
likely grain production was severely compromised.
Other farmers have written off their crops and let livestock
in to graze the plants.
The dry conditions mean many growers will lose money on
their harvest this season, given the vast investment needed to sow crops. For
some, it will be the second consecutive year of financial losses.
Read Darren Gray’s story in today’s Melbourne Age - “$30m in drought loans for Victorian farmers”.
