Via our previous investment in Dairy Innovation Australia Limited (DIAL) and with the support of Xcheque Pty Ltd, Dairy Australia has developed process modelling tools which allow users to assess, among other things, the capital and operating costs associated with producing fresh milk, UHT milk and powders as well as optimize processing pathways for utilizing cheese whey.
This online tool is for those interested in understanding the economics of processing in the Australian dairy industry. Whether you are currently involved with a processor, a farmer wondering how hard can it be and should I do it myself or potentially an investor or supplier in the sector.
There are three parts to this tool. You can model Spray Drying to make milk powder, the process of making Market Milk – the fresh milk we buy in the supermarket, and the process of UHT Milk production – to make shelf stable long life milk.
Each part has a simple demo version with less than 10 variables to select. A significantly more sophisticated version of each model is available with over 75 fields to adjust. Access is via email request.
The Cheese Whey Web Application (“The Web App”) provides users with an operational and commercial analysis of options for cheese whey. The Web App provides indications of investment and operating costs, as well as the net value of operation and investment.
The Web App allows users to set the background of milk supply and cheese production across a 10 year period. There are options for the user to choose from a range of cheese types or to enter their own. The volume and composition of whey is determined from the cheese production plan.
Users can select from a range of whey production options as well as whey by-products. There is also option for variation of the inputs for capital, labour, overheads, product yield, and utilities usage and cost.
Based on the input selections, The Web App runs detailed operational and financial calculations for a factory operation. These calculations emulate the operational and financial structure of an Australian dairy manufacturing business.
Monthly and annual calculations provide the basis for investment analysis as a standalone operation or in comparison with the either whey disposal to drain or sale of raw liquid whey as animal feed.