Rural Bank April Insights

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A dry start to March was accompanied by a decline in livestock markets before a wet finish lifted sentiment and offered some support for prices.

The wool market continued to decline from a lack of demand for fine wools as a challenging global economic environment continues to keep demand subdued.

Planting of the 2024/25 winter crop is in the very early stages in cropping regions with sufficient soil moisture. Most areas are on track to get underway around the traditional ANZAC day start.

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In 2024, the fertiliser market has become a critical landscape of fluctuating availability and dependency.

With a significant portion of our fertiliser imported, Australian farmers have directly faced the unpredictability of global market shifts and shortages.

In the newest episode of Unpacking Ag, we dive into the recent volatility of the global fertiliser markets and its impact on you.

Listen here

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