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.