Rabobank release the latest Farmer Confidence results

Hot weather hits the region


Article heading image for Rabobank release the latest Farmer Confidence results

The rains over the last couple of weeks have provided a little relief for farmers in region but they are needing more to restore their confidence in the sector.

That’s according to the latest Rabobank Rural Confidence Survey which found 50% of farmers believe conditions will worsen in the next 12 months - mainly because of the drought.

Rabobank’s Hamish McAlpin says the Murray dairy region has felt the effects of the drought which could see a sizable drop in milk production.

In the meantime, temperatures in the Mallee region are set to hit the 40's today and tomorrow, officials issuing a Heat Health Warning for the region.

Locals are being urged to stay hydrated, and indoors when possible.

For more information on the alert, click the link below!

5 December 2018




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