Minister for Agriculture, Fisheries and Forestry Tony Burke said the funding would help producers across Australia increase their self-reliance and preparedness for climate variability.
Primary producers, natural resource management groups and Indigenous land managers can apply for grants of up to $80,000 a year under the program.
More than $6.3 million was allocated under the first funding round to 46 projects across Australia.
“No-one will feel the effects of climate change more than our farmers and they continue to respond strongly to this support,” Mr Burke said.
“The grants will help a wide range of industries across Australia including sheep farmers, irrigators, dairy producers and the seafood industry.
“Our farmers are among the most innovative in the world and we will continue to help them stay ahead of the game when dealing with the impacts of climate change.”
The twenty projects to receive funding include four from New South Wales, three from Queensland, three from South Australia, six from Victoria, two from Tasmania and two from Western Australia.
The FarmReady program also provides individual primary producers and Indigenous land managers up to $1500 to participate in approved training courses through its reimbursement grants.