Farmer confidence edges up

(Image: Getty)

Mon, 11 Mar 2024

Confidence among farmers rose from the lows of last year, but concerns around high-interest rates, commodity prices and red tape still linger.Federated Farmers’ Farm Confidence Survey last year reached its lowest point in the survey’s 15-year history. The latest survey, taken in January, shows confidence has increased.A net 55% of respondents consider the current economic conditions to be bad, a 25-point improvement from July last year when 80% thought conditions were bad.Meanwhile, a net 0.9% expect conditions to improve over the n...

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