High Aussie dollar dampening record global prices
DESPITE global agricultural commodities at record prices – as the latest Westpac-NFF Commodity Index reveals prices 16% higher than a year ago – Australian farmers are beset by soaring farm input costs, persistent drought, labour shortages and a dollar that keeps climbing. Westpac’s Senior Agribusiness Economist, Justin Smirk said with Australian farmers exporting 61% of […]