Fairfax Media Network

Weather News

Beef producers want cattle donated to Indonesia

Virginia Tapp, Tuesday May 7, 2013 - 10:35 EST

Organisers of a beef crisis summit in north Queensland today want to see 100,000 Australian cattle donated to Indonesia.

Up to 500 graziers, as well as the state and federal agriculture ministers, are gathering for a meeting in Richmond to address the high Australian dollar, drought, high debt and the reduced cattle export industry.

Organiser Barry Hughes says one resolution is to make good with Indonesia after the live export suspension.

"We'll be wrapping a resolution around using funds that are available to the federal government to buy back 100,000 head of cattle and put them in a package of relief aid to Indonesia," he said.

"We'd be looking to utilise the protein that's available here, causing a bottleneck in our marketplace, but relieving the protein issue that's happening in Indonesia."

Hughenden grazier Rob Atkinson says the summit will also be discussing interest rates.

"We would also like to see what can be done about interest rates.

"The Reserve Bank has set our interest rates well above that of our competing nations and we'd like to see them lower."

The group has already said more summits will be called to further discuss the issues facing the beef industry and a delegation will be organised to visit politicians in Canberra.


- ABC

© ABC 2013

More breaking news

Sydney Morning Herald
ABC News
National Nine News
News Limited

Display Your Local Weather

Weather News

A stormy outlook for Darwin

13:23 EDT

Darwin is on track to reach their December average rainfall, which is already sitting at the halfway mark.

Unsettled spell for Perth

12:23 EDT

The England cricket team may feel more at home, as conditions turn wet and very windy for the end of the third test.

'Simple' calculations predicted floodwaters in 2011, residents near Wivenhoe Dam say

09:20 EDT

Two days before floodwaters threatened the Ipswich region, west of Brisbane, in January 2011, Darren and Brad Zanow knew they had to move their belongings to higher ground.