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Dry start to winter affects Tasmanian farmer confidence

Tasmanian farmers have significantly revised down expectations for the coming 12 months, with confidence in the sector coming off recent highs to its lowest level since mid-2013, the latest Rabobank Rural Confidence Survey has found.

Tasmanian survey results at a glance:

Dry start to winter sees Tasmanian farmer confidence fall from recent highs – to a four-year low.

Dairy farmers ‘buck the trend’, with outlook remaining positive.

Long-term confidence in the agricultural sector remains sound – with strong investment and viability indicators.

See the full survey results at the Rabobank website.