Strong growth for Aussie grain producers
A new commodity report predicts the big grain producing states of Western Australia, South Australia and New South Wales will enjoy their strongest growth since the 1980s as conditions improve.
Westpac’s regional winter report says agribusiness will bounce back strongly
despite the effect of higher production on commodity prices and a strong
Australian dollar.
But the report warns that Queensland’s beef producers
are likely to suffer a drop in demand with the re-entry of United States
exporters into north Asia.
Source: ABC
Rural
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