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1.Market Observations, 8.Was Sticky

13 June 2017 (TheAge) – ‘There has rarely been a better time to be a grazier’ – farmer confidence surges

(13 June 2017, The Age, BusinessDay, p24, Darren Gray)

‘Confidence levels have surged among Victorian and NSW farmers thanks to record beef, lamb and mutton prices, and favourable seasonal conditions in Victoria and the NSW Riverina, a survey shows. The rising farmer optimism is welcome news for regional and state economies, with confident farmers much more likely, and capable, of investing in new equipment and infrastructure such as vehicles, shedding and fencing; spending that ripples across the economy.’

Read more at TheAge.com.au

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