From our sponsors: Bendigo Bank Agribusiness March Insights
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Early autumn rainfall significantly improved soil moisture reserves across southeastern Australia, boosting farmer confidence as they prepare for winter crop planting. This positive domestic outlook contrasts sharply with increasing global market volatility driven by the recent conflict in the Middle East.
Ag sector Outlook |
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Cattle Favourable conditions in some cattle producing regions have led to a rebound in restocking activity. Although beef exports remain strong, trade headwinds loom in the medium term. READ MORE |
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Cropping Global grain and oilseed markets have rallied on renewed volatility, though Australian prices have responded more slowly. Strong exports and tightening northern supplies are supporting barley, while wheat remains more subdued and the key watchpoint as Australia’s export program progresses. READ MORE |
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Sheep Lamb and mutton prices have held firm in February, but geopolitical factors could dampen demand in the short-to-medium term. READ MORE |
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Wool Wool prices have continued to lift through to March with growing demand from China and lower supply placing upwards pressure on the market. READ MORE |
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Climate and carbon February’s above average rainfall has helped improve soil moisture and lessened the impact of this year’s hot and dry summer for some southern regions. READ MORE |
