Banana Research Program Saves Industry Over $52.2 Million in Potential Losses
A Queensland Alliance for Agriculture and Food Innovation report has found that a banana research program has the potential to save the industry more than $52.2 million. The program, led by Professor Andre Drenth of the University of Queensland, aimed to strengthen the capacity of the banana industry to diagnose disease outbreaks. The research focused on developing and maintaining the capability to quickly detect and identify emerging plant pathogens while also strengthening Australia's preparedness for banana disease incursions.
Key Takeaways:
- The banana research program has a 12 to 1 benefit-cost ratio, indicating that it is cost-effective.
- The program's focus on developing diagnostic tools has improved the industry's ability to detect and respond to disease threats early, which is crucial for long-term sustainability and profitability.
- The Australian banana industry is largely based on the Cavendish variety, making it essential to protect it from exotic diseases to benefit all growers.
- The program's approach involved working with a resource economist to determine the exclusion benefits, which are the financial benefits of not having disease problems.
- The program has been funded by Hort Innovation using the banana research and development levy and contributions from the Australian Government.
- The research has been supported by industry organizations such as the Australian Banana Growers' Council and Hort Innovation.
Statistics:
- The banana research program has the potential to save the industry more than $52.2 million.
- The program achieved a 12 to 1 benefit-cost ratio, indicating its cost-effectiveness.
- Banana growers produced more than 368,000 tonnes of product in FY23/24.
- The program's focus on diagnostic tools has improved the industry's ability to detect and respond to disease threats early.
Sources:
- Queensland Alliance for Agriculture and Food Innovation report (no specific date mentioned)
- University of Queensland press release, "Dodging banana diseases value for money", Aug 11, 2025
- Hort Innovation website, "Australian Horticulture Statistics Handbook"
- Australian Banana Growers' Council website (no specific date mentioned)
- Hort Innovation website, "About us" (no specific date mentioned)