Gloomy farm­ers blame weather

Port Douglas & Mossman Gazette - - NEWS -

NOT sur­pris­ingly, farm­ers in North Queens­land re­port they are less hopeful for the fu­ture than they were last year.

The Rabobank Ru­ral Con­fi­dence Sur­vey reg­is­tered a ma­jor drop in con­fi­dence fol­low­ing Cy­clone Yasi.

Farm­ers in North Queens­land re­ported the low­est con­fi­dence lev­els of any re­gion in Aus­tralia.

“Con­fi­dence (in North Queens­land) was grad­u­ally re­turn­ing dur­ing 2010, but un­for­tu­nately poor weather con­di­tions over sum­mer have dev­as­tated many parts of the re­gion,” Rabobank north Queens­land re­gional man­ager Peter Ci­ranni said.

More than a third of lo­cal farm­ers said they ex­pected the agri­cul­tural econ­omy would get worse over the next 12 months.

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