Coronavirus doesn't dent farmers' confidence following summer rain, high livestock prices

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A survey indicates one of the largest bounces in farmer confidence in 20 years, with almost half of those surveyed expecting the farm economy to improve over the next 12 months.

As the coronavirus pandemic spreads and global markets tumble, Australian farmers are experiencing a surge in confidence.A Rabobank survey, released today, indicated one of the largest bounces in farmer confidence in 20 yearsThe NFF is concerned the coronavirus fallout could delay access to fertilisers, chemicals and foreign workers

" a huge sense of relief to see, of course, it does rain again, and huge excitement to be back in business, and smiles on faces as they look to the prospect of a good season ahead," Mr Hunt said. He said the rise in confidence had led to an increase in on-farm investment as farmers spent up on machinery, livestock and fencing.

Ms Simson said the NFF was concerned the fallout from coronavirus could delay access to fertilisers, chemicals and foreign workers for Australian farmers."We have some concerns and some unknowns in the virus space, but it's balanced by the positivity about producing something for which there's a high demand and high need," Ms Simson said.

 

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Farmers dont think that far ahead ...

when we have a downpour farmers let d water to drain to swollen rivers They should build 5 to 10 dams cover it with plastic floats then the water should last for 3 to 4 years Instead they r at d mercy of nature

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