What is the economic outlook for 2023 and how may this impact Australian agriculture? In 2022, farmers experienced significant increases in interest rates, important input costs, particularly fertiliser, chemical and fuel, and changes to their commodity prices. While changes to these important components of the farming business are common, we haven’t experienced these large increases for some time. It’s important to be informed on what changes might be expected in 2023 so that we can be...
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What is the economic outlook for 2023 and how may this impact Australian agriculture? In 2022, farmers experienced significant increases in interest rates, important input costs, particularly fertiliser, chemical and fuel, and changes to their commodity prices. While changes to these important components of the farming business are common, we haven’t experienced these large increases for some time. It’s important to be informed on what changes might be expected in 2023 so that we can be...
This week's Your Farm Business Podcast focuses on the impact of recent significant geo-political events in Ukraine, as well as the ongoing pandemic, on Australian farm businesses. Darryl Gobbett, currently a Visiting Fellow at the SA Centre for Economic Studies at the University of Adelaide, shares his thoughts on these two significant developments, particularly their impact on commodity prices, input costs, interest rates, inflation, and the value of the Australian dollar....
Your Farm Business Podcast
What is the economic outlook for 2023 and how may this impact Australian agriculture? In 2022, farmers experienced significant increases in interest rates, important input costs, particularly fertiliser, chemical and fuel, and changes to their commodity prices. While changes to these important components of the farming business are common, we haven’t experienced these large increases for some time. It’s important to be informed on what changes might be expected in 2023 so that we can be...
