DESPITE a brief rally in Q2, Victorian farmer confidence has dropped in the latest quarter, but the fall was less marked than in other states. Lower commodity prices and the prospect of a return to drier seasonal conditions are among the main factors negatively impacting farmer sentiment in the state. Photo: SUPPLIED.
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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.