Quarterly Agribusiness Survey
NAB’s Quarterly Agribusiness Survey covers economic and business conditions in Australia’s post farm gate agribusiness sector. Post farm gate business […]
NAB’s Quarterly Agribusiness Survey covers economic and business conditions in Australia’s post farm gate agribusiness sector.
Post farm gate business conditions pull back in early 2012
- Post farm gate business conditions fall on lower product prices, availability of materials and labour, falling export sales
- Medium term expectations pull back as recent results see sector become increasingly cautious
- But excess capacity easing with a solid improvement in the capacity utilisation rate, solid farm production outlook could see recent gains consolidated
For detailed analysis download the full report.
About the Author
Michael is responsible for formulating the bank’s views on global markets for agricultural and energy commodities. His role involves forecasting trends in key markets and providing strategic insights into the linkages between macroeconomic conditions, financial and commodity markets. Michael speaks regularly on the state of the economy and commodity markets, with his views widely quoted in the media.
Prior to joining NAB, Michael was an economist with the Victorian Department of Treasury and Finance, providing macroeconomic and revenue forecasts and economic policy advice. Michael has extensive research experience in macroeconomics, commodities, international trade, public policy and economic development. He holds degrees in psychology, econometrics and a Master’s degree in economics from Monash University.
