Agriculture profits forecast to ease after record highs in 2022
by Khaled Al Khawaldeh from World news | The Guardian on (#6960J)
The Rabobank Australia agribusiness outlook for 2023 says profits will fall in line with a drop in global commodities prices
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Agriculture profits are expected to ease this year as commodity prices stabilise and the world heads into recession, according to Rabobank Australia's 2023 agribusiness outlook.
The outlook states that 2023 will be another strong year for the farming sector but warns that the extraordinary results seen in 2022 are unlikely to be replicated.
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