The declaration of El Nino by the Bureau of Meteorology is expected to stop Australia’s record run of agriculture production. The dry conditions will cause crop production to fall and at the same time prices for most agriculture commodities are expected to ease from their recent highs. Sky News Business Editor Edward Boyd was joined by ABARES Executive Director Jared Greenville to discuss the conditions farmers face. “These weather patterns really present a drying outlook for Australian agriculture,” Mr Greenville said. “It’s a really widespread picture of drying conditions and warmer temperatures.”
The declaration of El Nino by the Bureau of Meteorology is expected to stop Australia’s record run of agriculture production.
The dry conditions will cause crop production to fall and at the same time prices for most agriculture commodities are expected to ease from their recent highs. Sky News Business Editor Edward Boyd was joined by ABARES Executive Director Jared Greenville to discuss the conditions farmers face. “These weather patterns really present a drying outlook for Australian agriculture,” Mr Greenville said.
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