Rural Bank August insights update
Improvements in livestock prices are set to continue into the next month. Strong demand has helped drive both cattle and lamb prices higher in the past month, a welcome sight compared to a year ago. A record month for beef exports was a highlight for the sector in July.
Crop and wool prices meanwhile are set to remain under pressure. For wool, demand remains the limiting factor. In crop markets, adequate global supplies are keeping prices under pressure.
The latest episode of the Unpacking Ag podcast explores how technological innovation is helping to support Australian farmers in building profitable, sustainable farming operations. We also discuss the effects of ag tech on supply chains and sustainability in agriculture.
Follow the show on your favourite podcast app, so you don’t miss any new episodes when they drop. Coming soon, a deep dive on methane emissions from livestock.
