Tasmanian primary producers have entered 2018 relatively optimistic about the year ahead according to the latest Rabobank Rural Confidence Survey.
90 per cent of the state’s farmers still expect conditions in the agricultural economy to remain stable, or even improve.
Rabobank regional manager for Tasmania and Southern Victoria Hamish McAlpin said the prevailing positivity was despite the detection of fruit fly in the state, which had seen biosecurity measures implemented and a control zone established to limit the potential impact on horticultural exports.
"While concerns around the dry season remain, particularly in the southern Midlands, the positive outlook for most commodity sectors continues to underpin farmer confidence levels," Mr McAlpin said, "and we have seen this flow into strong investment within the agricultural sector."
(From Rabobank media release - 5 March 2018)