Victorian farmers are taking a more pessimistic outlook on the year ahead, despite the state currently enjoying "generally good" seasonal conditions in most areas, the latest quarterly Rabobank Rural Confidence Survey has found. Though down on last quarter, the decline was relatively small compared to falls in rural confidence seen in other states this quarter, with Victorian farmers also more positive than the rest of the nation. The survey, released today, found net rural confidence in the state has declined from -24 per cent last quarter to -31 per cent, with 44 per cent of Victorian farmers now expecting business conditions to worsen in the coming 12 months (up from 37 per cent with that view in the previous quarter).

https://www.miragenews.com/victorian-farmer-confidence-dips-despite-1082997/

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