‘Volatile global times’: Farmers warned of potential grim 2023-2024 financial year

The Australian Bureau of Agricultural and Resource Economics and Sciences has predicted broad area farm income could drop by almost half due to a range of issues affecting farmers.

President of the Victorian Farmers Federation, Emma Germano, says the modelling the prediction is based on includes a range of different types of farmers.

“We know it’s very volatile global times that we’re in and those are the things that affect farmers the most,” she told Neil Mitchell.

Press PLAY to hear how much broad area farm income could drop by

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