TAMWORTH, Australia: COVID-19 has brought new challenges for Australia's drought and bushfire-stricken farmers, but recent sustained rainfall and green shoots are now spurring hope of better times ahead.
Analysts at Rabobank Australia are predicting a profitable year for the sector despite global uncertainty, with farmers helped by a weak Aussie dollar that makes exports cheaper.It has been a rough run for Tongue and his community, with farmers suffering not just the drought but the worst bushfires in recorded memory, flash flooding and now a global pandemic of unknown duration.
"Even when it rains, the need for that sort of support doesn't go away, and when the COVID restrictions are lifted the need for that support won't go away either," Warlters added.The resilience of some locals has been bolstered by steady beef and lamb prices, Tamworth Mayor Col Murray said, in part because herds have diminished.
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