You are viewing:-
you're reading...
1.Market Observations, 8.Was Sticky

8 Mar 2017 (TheAge) – Agriculture sector heading for boom – Farm incomes and profitability hit a new peak as production surges

(8 March 2017, The Age, BusinessDay, p28, Darren Gray)

‘Australian farmers are riding a wave of profitability and soaring production with the farm cash incomes of broad-acre Australian farms projected to rise to $216,000 in 2016-17, the highest figure recorded in the past two decades. The boom result, which is more than double the average for the 10 years to 2015-16 of $104,000, has been driven by record winter grain production, soaring prices for beef cattle and very good prices for lamb, wool and sheep.’ <snipped…>

‘But the new report, Agricultural Commodities, March Quarter 2017, confirmed that not all sectors…’

Read more at TheAge.com.au

Advertisements

About robertbrain

Brainy's Share Market Toolbox. Read the honest truth about the sharemarket. Develop or fine tune your investing/trading strategies using share price charts (technical analysis), or learn about the investment strategies of others. Melbourne (Australia) based - supporting share market investors and traders to build wealth through smarter investing using my Share Market Toolbox arsenal of weapons to tackle the market.

Discussion

No comments yet.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: