Agricultural commodity prices tipped to remain high

[{"selector":"#anim-af28183d-dd45-4864-b36d-235f3b69a428 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(3.5527136788005e-15%, 2.528317205966838e-7%) scale(0.8333333333333334)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] STRONG production is forecast across most agricultural commodity sectors over the coming six months, according to... Read more

[{"selector":"#anim-ab78838b-6c93-4c88-8330-105ad81bad81 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(3.5527136788005e-15%, 2.528317205966838e-7%) scale(0.8333333333333334)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] Rural Bank’s 2023 Outlook Report shows a combination of strong production estimates and high commodity prices counterbalanced by... Read more

[{"selector":"#anim-a21db88b-d84f-411c-81bc-d84cad50f992 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(3.5527136788005e-15%, 2.528317205966838e-7%) scale(0.8333333333333334)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] “Demand remains volatile at both a global and domestic level, with challenging global economic conditions to... Read more

[{"selector":"#anim-8fa5c762-5c0e-4ad7-b5c5-a98d0aaffd8e [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(3.5527136788005e-15%, 2.528317205966838e-7%) scale(0.8333333333333334)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] “Agricultural commodity prices are expected to remain broadly above historical averages over the next... Read more

[{"selector":"#anim-94d5ed39-3aff-4be3-a811-5c710f139d53 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(3.5527136788005e-15%, 2.528317205966838e-7%) scale(0.8333333333333334)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] Current forecasts from the Bureau of Meteorology BOM indicate a return closer to average weather conditions heading into... Read more

[{"selector":"#anim-ba4d5b11-e77f-4fe5-9257-3466cd866895 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(3.5527136788005e-15%, 2.528317205966838e-7%) scale(0.8333333333333334)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] Wetter-than-average conditions across much of the country have again driven above-average cropping production, but... Read more

[{"selector":"#anim-5a9002a4-f8e5-43ce-930b-59b9412565b8 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(3.5527136788005e-15%, 2.528317205966838e-7%) scale(0.8333333333333334)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] The Australia-India Economic Cooperation and Trade Agreement (AI-ECTA) is expected to come into effect in early 2023 and... Read more

[{"selector":"#anim-cd04d944-69a6-4dda-a8ad-55dc2e61820e [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(3.5527136788005e-15%, 2.528317205966838e-7%) scale(0.8333333333333334)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] Russia’s ongoing invasion of Ukraine is expected to continue driving volatility across grain and oilseed markets as... Read more

[{"selector":"#anim-f19e4d95-1fe7-4dd9-91e4-d0aa1efa124d [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(3.5527136788005e-15%, 2.528317205966838e-7%) scale(0.8333333333333334)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] Trade relations with China could potentially move in a more positive direction following recent high-level talks between... Read more

[{"selector":"#anim-a7538f3e-10b5-44f9-9b9d-a4c2b3ba08d0 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(3.5527136788005e-15%, 2.528317205966838e-7%) scale(0.8333333333333334)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] Several headwinds for global economic growth prospects are expected to impact demand for premium agricultural products... Read more

[{"selector":"#anim-1df0ea4c-e6f2-43f5-b681-d6c188c46210 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(3.5527136788005e-15%, 2.528317205966838e-7%) scale(0.8333333333333334)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] High input costs will remain a key issue in 2023 as tight global fertiliser supply combined with high fuel and... Read more

[{"selector":"#anim-be3dedb6-f0b2-45a6-8307-b10191379790 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(3.5527136788005e-15%, 2.528317205966838e-7%) scale(0.8333333333333334)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] “Australian cattle prices are likely to see a marginal fall in the first half of 2023 due to pressure from rising supply. However... Read more

[{"selector":"#anim-3fa69467-08a9-4bb3-8065-f80a26da37f9 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(3.5527136788005e-15%, 2.528317205966838e-7%) scale(0.8333333333333334)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] Lower sheep prices are on the horizon, but there is reason for optimism given increased supply and... Read more

[{"selector":"#anim-e8ccb8f8-b9ba-4ad6-8136-e89565d29cf4 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(3.5527136788005e-15%, 2.528317205966838e-7%) scale(0.8333333333333334)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] Wool has a more negative outlook, with producers to see increased wool supply and ... Read more

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