Agriculture outlook dominated by recovery from drought

Australian Drought

The latest forecast from Agricultural experts identifies the recovery from drought as dominating the very positive near-term outlook for higher farm incomes. Even the COVID-19 pandemic that has presented its own challenges has been brushed off in a flurry that has seen dusty old planters heading for cropping paddocks. Better seasonal conditions are expected to […]

Post-pandemic dairy prospects improve but it’s not the great recovery producers desire

Global COVID-19 restrictions are easing, food service sales have resumed and dairy prices look to be on the rebound but some industry analysts are warning it’s too soon to call it a global dairy market recovery. Dairy has performed better than expected throughout the pandemic’s disruption and the industry is forecasting an uptick for milk […]

ANZ commodity report shows agriculture holding up well

ANZ’s latest commodity report reveals Australia’s agriculture sector is faring better than other industries as ‘panic buying’ from consumers during the coronavirus pandemic boosted products including wheat, grains and beef. Some segments have been adversely affected though, including the wine, seafood and wool industries that rely heavily on China. The impact of the pandemic has […]