Rural Bank narrows down the challenges facing Australian agriculture into three key themes.
Tractor sales have slowed but are still ahead of long-term averages.
Tractor sales continue to defy expectations.
Cattle producers are enjoying excellent demand and prices.
Confidence wanes for wool
Lamb and mutton prices have risen sharply.
Flooding in Queensland and lack of rain will effect beef prices in 2019.
Supply consistient despite high slaughter, poor seasonal conditions and low marking rates.
Lack of market liquidity sees values move sideways.
African swine fever (ASF) causing increased slaughter, transport bans and volatile pricing.
Bank warns of more volatility with opportunity to come
AUSTRALIAN over-the-hook goat indicators remained at record levels during 2015, assisted by strong international...