The floods on the east coast pose a huge risk to farmers, in a sector where it’s never cost more to run a business. Prices of feed, fertiliser, labour, haulage and diesel have all gone up thanks to inflation, adding further burden to stretched balance sheets.
The impact of the floods on the agricultural sector includes crops, destroyed livestock and ruined infrastructure.
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Elio D'Amato is from the Australian & NZ team at data research firm Stockopedia.
