Farm services company Ruralco is counting on recent rain in southern Australia to help it ride out the impact of severe drought in other parts of the country.
Ruralco updated the market on Wednesday on the potential impact of dry conditions in Queensland and northern New South Wales which have hit livestock producers and crop production.
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Brad Thompson writes across business and politics from Western Australia for The Australian Financial Review. Brad is based in our Perth bureau. Connect with Brad on Twitter. Email Brad at brad.thompson@afr.com