As the rain has fallen, Victorian farmers have become more confident about their prospects across dairy, grains, beef and sheep.June 7, 2014 5:27am
The latest Rabobank Rural Confidence survey has confidence in the agricultural sector at a three-year high.
The survey said strong sentiment in the Victorian farming sector had been largely underpinned by the dairy industry.
However, confidence had rallied among beef and sheep producers on the back of rain and the associated recovery in market prices.
Meanwhile, grain growers had retained a positive outlook on the season and that was likely to rise further on the back of more rain last weekend that has cemented the autumn break.
Rabobank state manager Todd Charteris said farmers across the state were already buoyed by fantastic autumn rains that arrived at just the right time.
‘‘Widespread rains have seen a flurry of activity with the winter crop pretty much all in on an excellent sub-soil moisture profile and establishment has been further boosted by the unseasonably mild conditions that we have been experiencing in recent weeks,’’ he said.
The survey also indicated farmers had strong longer-term confidence in the industry, with 28 per cent intending to expand operations.
Mr Charteris said markets had also responded to improved seasonal conditions not only in Victoria, but also across much of southern and central NSW as well as parts of Queensland.
‘‘Confidence has really picked up among beef graziers, with the flush of feed enabling farmers to hold on to stock or look at restocking,’’ he said.
Confidence remains robust among Victorian dairy farmers, with 61 per cent expecting the next year to be better than the last.
Advertising Standards Bureau slaps McDonald's for offering free fries vouchers to children at SPC Ardmona KidsTown.
Yarrawonga Football Netball Club senior footballer Jeremy O’Brien celebrated his 200th senior Ovens and Murray Football Netball League game against the Wodonga Bulldogs on Saturday.
Following a concerted effort by Merrigum Community Group to upgrade signage in the town, it was announced at last Monday’s community meeting that design of a new information sign, to be located near the bus shelter in Waverley Ave, has been completed.
LBU coach Ady Dohnt headlines the Cats' inclusions for tomorrow's clash with Huntly.
Rochester resident John Constable has received the latest vision scanner available, thanks to Rochester Lions.
100 days at Tongala Primary.
It's not everyday you get 'most sincere thanks' from the Queen - as a Seymour girl found out.
St Joseph's Jerilderie teacher Steve Jones has released an album with his band, Steve Jones and The Velvet Glove.
The district has shivered during the past couple of weeks with night temperatures falling below zero. For those prepared to brave the winter chill, Lake Eppalock offers stunning scenery and yellow wattle brightens district forests.
Black Dog ride participants meet up in Cobram before they burn rubber to beat the blues.
Deniliquin woman Georgia Henderson calls on Member for Farrer Sussan Ley to come out in support of same-sex marriage.
Wheat crops sown at the end of April to mid-May were two to three weeks early, increasing the risk of frost damage, the Finley Discussion Group’s meetings earlier this month heard.
John 'Jack' Roe remembered as a gentleman; battle-scared but a genuine, dignified man of integrity.
Discover unbelievable local deals from local businesses every week in the Goulburn and Murray Valley area with Leapon.com.au!
Search properties for sale or rent across North Central Victoria and Southern NSW. Visit your local website for local homes....
Search for published and unpublished photos from McPherson Media Group newspapers and magazines. All our photos are available to purchase.
Place an advertisement in any one of McPherson Media Group's local newspapers.