Meat and Livestock Australia MLA Chair Don Heatley has said in an interview with Agmates, that beef producers should remain calm in the global credit crisis.
Our meat industry is 65% reliant on exports and we really just have to wait for any affect to flow back through the global supply chain. Having said that people should remember that a third of the market for our meat is domestic. That market is strong.
Earlier spoke to Damon Whittock from MLA who indicated there may be some benefits to exports via a weaker Australian dollar. To read the full interview with Don Heatley click here or for Damon Wittock’s update .
Sooner or later we are all bound to feel the pinch of the economic crisis. As certainly as markets go up markets come down and rain becomes scarce and well sometimes we get a fair bit of it too. That is part of the uncertainty we deal with living on the land.
At present BCCA is negotiating to secure investment for primary industries across the Burnett. While the Rudd government have called 2008/2009 a transitional year with arrangements and funding somewhat uncertain, there appears to be an earnest effort to get funding on the ground. The Better Burnett team hope to be in a position to announce opportunities for assistance for primary producers in the near future.