Local News

2020 Shaping Up to Be Best on Record For Farmers

farming crop

Despite summer bushfires and disruption caused by COVID-19, this year is shaping up to be one of the best on record for farmers in many parts of the country.

The Rural Bank mid-year outlook shows improved rainfall is helping cattle and sheep producers, as well as the production of fruit, vegetables, milk, cereals, canola and wool.

However, it paints a mixed picture for demand and pricing across the various sectors.

Rural Bank's Chief Operating Officer, Will Rayner, says improved seasonal conditions have provided welcome relief, against a backdrop of global volatility.