Sponsor Update | Bendigo Bank Agribusiness May Insights
Planting remains the focus for cropping producers heading into May with patchy seeding conditions and a dry outlook testing grower sentiment. Local grain markets are holding steady for the time being, but global pressure is building as US crop prospects improve.
Meanwhile, cattle markets may come under some short-term pressure. Reduced processor buying interest is expected through May, though elevated export demand from the US and key Asian markets will provide support longer term. Sheep and lamb markets have lifted over the past few weeks following the announcement of increased access to the Chinese market.
Be sure to join us this month, Thursday 29 May, for the Farmland Values webinar. Where the team take a deep dive into the recent report and how rate cuts and a volatile global environment may impact property demand in 2025.
