Business
Will Aussie agricultural commodity prices see another record-breaking year?
According to Rabobank’s monthly agribusiness report, Australian commodity prices are looking to gain this year despite a record-breaking 2020.
Australian agricultural commodities saw their highest prices on record last year, as prices soared approximately 18% between September 2019 and March 2020.
The report found that, thanks to La Niña and demand from China, the majority of commodities produced in Australia are in for another good year.
The report follows ABARES’ prediction that 2020–21 will be the second most profitable season ever for Australian farmers.
Which commodity prices are expected to gain?
Canola
The…
-
Noosa News24 hours agoGyrocopter pilot injured in crash-landing on K’Gari, north of Brisbane
-
Noosa News14 hours agoRevealed: 75 Qld suburbs you could afford to buy in if lending standards drop
-
General9 hours agoFarmers develop ‘autofill’ tech so agricultural robots can operate around the clock
-
General10 hours agoChoosing an online exercise program can be confusing. Here’s what to look out for