Bad numbers temper good

Food exports up, but at what cost to farmers?


  Added one year ago

Bad numbers temper good

MPI’s latest Situation Outlook for Primary Industries, issued late last year, projects a record $55 billion in food and fibre export returns by June next year. But …

At the same time, farm expenses have also climbed dramatically: overall, up 15% Sep 2022 over 2021; fuel up 53%; fertiliser up 37%; weed and pest control up 21%; debt servicing up 34%. Meantime a year-end survey by Federated Farmers placed the average farm overdraft at $328,000 with an interest rate of 8.59%.


Join the conversation

Be the first to leave a comment.

Leave a comment

All comments are reviewed before they are published on the website. Your email address will not be published.

Fill out my online form.
Mangaroa Farms - Cultivating Sustainability and Regenerative Agriculture in Whitemans Valley
Mangaroa Farms - Cultivating Sustainability and Regenerative Agriculture in Whitemans Valley
Added 13 hrs ago
Wilmot Cattle Co's Soil Carbon Sequestration - A Profitable Venture or Short-Term Fix?
Wilmot Cattle Co's Soil Carbon Sequestration - A Profitable Venture or Short-Term Fix?
Added 13 hrs ago
Rebuilding farm infrastructure – opportunities for farmers
Rebuilding farm infrastructure – opportunities for farmers
Added 4 days ago
Carbon Positive Project February Update
Carbon Positive Project February Update
Added a week ago
Don’t dismiss soil’s carbon offset role
Don’t dismiss soil’s carbon offset role
Added a week ago
Exporting 101: Food and Fibre
Exporting 101: Food and Fibre
Added a week ago