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Farmer confidence hits record low

Farmer confidence has plummeted to its lowest recorded level in 20 years. Research from Rabobank shows 58% of Australian farmers had a negative outlook for the next 12 months. Soaring input costs are being put to blame as a result of the Middle East conflict, with the recent peace deal showing small signs of relief. Rural Editor Emily Minney spokes with Rabobank's Country Banking Executive Marcel van Doremaele about the trends.See omnystudio.com/listener for privacy information.

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