Eighty per cent of New South Wales farmers hold a negative outlook for the next 12 months, according to survey data released by the NSW Farmers this month.
The NSW Farmers Farm Business Sentiment Survey revealed mounting pressure across NSW agriculture, with soaring input costs and sustained seasonal uncertainty putting a squeeze on regional farming operations.
NSW Farmers Association President Xavier Martin said the figures represent an “acute collapse” in confidence and business sentiment, largely driven by massive spikes in agricultural inputs, compounded by conflict in the Middle East…