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Agriculture Outlook

Cover of the 2021 mid year ag outlook report

Australian agriculture mid-year outlook 2021

Rural Bank has released its agricultural outlook for the second half of 2021. The report analyses the performance of six industries.

Australian agriculture is forecast to perform strongly for the rest of the year. This further demonstrates its resilience in the face of trade impacts and COVID-19.

As the domestic economy recovers, demand for agricultural commodities will continue to rebound. Lamb and mutton, horticulture, dairy and wool are all expected to strengthen. While it's anticipated that cattle and cropping prices will begin to soften.

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  • Farmer and Rural Bank staff member looking out across a paddock.
    Australian agriculture outlook 2021
    Agricultural Outlook|14 December 2020
    Positive agricultural outlook, but keep a close eye on COVID-19 impacts and trade tensions in 2021
  • Farmer and Rural Bank staff member looking out across a paddock.
    Australian agriculture mid-year outlook 2020
    Rural Bank analyses the performance of key agricultural commodities and provides a forecast of what we can expect in the second half of 2020.
  • Farmer and Rural Bank staff member looking out across a paddock.
    Australian agriculture outlook 2020
    Agricultural Outlook|01 January 2020
    Rural Bank has analysed the performance of six industries – dairy, horticulture, beef, grains, sheep and wool – forecasting what is expected...
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    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 –...
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    Australian agriculture outlook 2019
    Agricultural Outlook|01 January 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...
  • Farmer and Rural Bank staff member looking out across a paddock.
    Australian agriculture outlook 2018
    Agricultural Outlook|01 January 2018
    In Australian agribusiness, 2017 will primarily be remembered for record wool prices, large global wheat stockpiles, lacklustre milk prices,...

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