Victorian Farmers Looking To Invest
The latest commbank agri insights survey indicates local farmers have additional confidence and a willingness to increase spending, particularly in areas like technology.
Confidence remains high in commodities such as beef, lamb and wool whilst other areas such as dairy have renewed optimism on the back of a tough few years.
Commbank's regional agri manager Darryl Mohr says the results were largely positive.
"Farmers now have additional confidence now that good seasons are behind them and they can make significant strategic investment's that will grow their business,"