Farmers optimistic about 2017
Australian farmers are optimistic about 2017 as they near the end of 2016, with their confidence level at an all-time high.
Agribusiness banking specialist Rabobank says, in its latest quarterly rural confidence survey, that farmer confidence has remained at historically high levels for the past quarter, following good seasonal conditions and solid commodity prices.
Cotton and sugar producers are particularly bullish about the coming year, confidence is strong in the beef and sheep sectors, and a recovery in dairy commodity prices has helped boost sentiment among dairy farmers.
Ann: AGM 25.11.2016 - Results of Meeting, page-11
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