Forecasts hold steady for a bumper winter grain crop
Growers are on track for a major recovery in grain production, with the winter harvest set to come in at above-average levels. The rosy forecast comes courtesy of agribusiness specialist Rabobank in its Australian Winter Crop Production Outlook 2020/2021 report. The agribusiness bank says after three successive years of below-average production due to drought in […]
Confidence dips, but farmers stay positive in face of COVID uncertainty
Rabobank’s quarterly survey of farmers’ state of mind has revealed a dip in confidence due to uncertainty about the impacts of COVID-19, but good rains and solid commodity prices are keeping spirits up. Confidence has retreated from the historic highs recorded earlier this year when shoppers were stripping supermarket shelves of everything they could get […]