Farm Tender

Estimated impact of global Coronavirus outbreak on Australian agricultural commodities

The Coronavirus pandemic (COVID-19) is profoundly changing the domestic and international landscape.

While Australian agriculture saw an initial short-term boost in domestic demand for quality produce, the broader landscape remains uncertain.

Coronavirus is a global issue, and just as Australia is reliant upon agricultural exports to support the economy, so are other nations reliant upon Australia to provide produce. In this complex, rapidly evolving environment, decisions must be based on current, best available data and evidence.

This edition of the Rural Bank Insights Update aims to assist with this vital process, by providing a concise summary of Coronavirus’ impact on Australian agriculture as it stands today.

The report specifically addresses your questions around input supplies, underlying demand for food and fibre, and the impact on the supply chain across the commodity segments.

https://www.ruralbank.com.au/