Farmers Brace to Weather Another El Nino

Despite August 2006 being the driest on record, the Westpac-NFF rural commodity index shows continued strength on 2005 levels. The Westpac-NFF rural commodity index, measuring the weighted world price of agricultural commodities, was 1.4% lower than previous month levels as the AUD rose above the psychological $US0.77 mark. Increases in the price of Barley, Cotton […]