Farmer investment plans hit new highs as ag sector mood lifts

Andrew Marshall
May 21 2017 - 12:00pm
DONE DEAL: About 25 per cent of Australian farmers are looking to invest in new machinery and farm equipment and 30pc want to spend on emerging ag technology initiatives.
DONE DEAL: About 25 per cent of Australian farmers are looking to invest in new machinery and farm equipment and 30pc want to spend on emerging ag technology initiatives.

FARMERS are investing in new equipment, extra labour and off-farm assets at a record levels as optimism across the sector makes the most of good seasons and some bullish commodity prices.

Andrew Marshall

Andrew Marshall

National agribusiness writer

Andrew Marshall is the group agribusiness writer for ACM's state agricultural weeklies and websites. He is a former editor at The Land and has worked in various Rural Press group roles in Canberra, North Richmond (NSW) and Toowoomba (Qld).

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