Australian agriculture mid-year outlook 2019
Rural Bank has analysed the performance of six industries – cattle, horticulture, cropping, dairy, sheep and wool, plus the broader economy – forecasting what is expected for the remainder of the year. Focusing on the future of supply, demand and price, the outlook offers farmers the ability to evaluate each element of their industry separately to better understand the key drivers and challengers that will impact supply and demand. This depth of clarity provides farmers with a tool that can be used for scenario planning on farm.
As an agricultural specialist lender, Rural Bank understands that issues impacting the performance of farm businesses can evolve quickly and farmers are operating in a sometimes-unpredictable environment – which is why we are supporting them with regular forecasts for their industry.
Australian Agriculture Outlook 2019
As we head into 2019, Rural Bank’s Ag Answers insights team has turned its attention to the year ahead for Australian farmers.
2018 will be remembered for below-average rainfall, high feed costs, record lamb and mutton prices and the smallest grain crop on the east coast in nearly a decade.
The Outlook 2019 analyses the performance of six industries – cattle, horticulture, cropping, dairy, sheep and wool – plus the broader economy, to provide a forecast of what we can expect in 2019.
Australian Agriculture Outlook 2018
In Australian agribusiness, 2017 will primarily be remembered for record wool prices, large global wheat stockpiles, lacklustre milk prices, excellent conditions for vegetable production and the exceptional performance of the sheep industry.
As 2018 gets underway, Rural Bank’s specialist insights division, Ag Answers, has turned its attention to what may lie ahead for Australian farmers in the coming 12 months.
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