Quarterly Agribusiness Survey – September 2011
NAB’s Quarterly Agribusiness Survey covers economic and business conditions in Australia’s post farm gate agribusiness sector. Post farm gate conditions […]
NAB’s Quarterly Agribusiness Survey covers economic and business conditions in Australia’s post farm gate agribusiness sector.
Post farm gate conditions improve after plunging through 2011
- Post farm gate business conditions improve but still remain weak
- High commodity prices and weak customer demand continue to squeeze post farm gate agribusiness sales margins
- Capacity utilisation collapses in the quarter to now sit at a record low
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.
