Podcast: Australian outlook – Moving confidently into 2024

Australian agribusiness is moving confidently into 2024 with a general uptick in prices and weather conditions. Beef and sheep prices have improved, with better seasonal weather conditions and El Niño likely to end soon – allowing for more hope of continued rains. Dairy prices, while down from a strong 2023, remain bright. Grain and oilseed prices will trade below the past two seasons, but so should input costs for fertilisers and crop protection. The global economic outlook remains subdued, which isn’t ideal for an export nation. However, Australian interest rate cuts remain in the cards for late 2024.

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Join the RaboResearch team for a discussion of our outlook for the key commodities and developments to watch in 2024.

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  • Stefan Vogel

    General Manager – RaboResearch Australia & New Zealand
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  • Angus Gidley-Baird

    Senior Analyst – Animal Protein
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  • Michael Harvey

    Senior Analyst – Dairy & Consumer Foods
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  • Vítor Caçula Pistóia

    Analyst – Farm Inputs
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  • Pia Piggott

    Analyst – Associate Analyst
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  • Anna Drake

    Sustainability Analyst
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