Rabobank, Media Release, 2 September 2021
Strong increases in nearly all commodity prices saw the Rabobank Rural Commodity Price Index lift by 3.26 per cent in August to its highest level on record. This includes going beyond the Covid-induced commodity price surge of March 2020.
With key price support factors expected to stay for at least spring, and ongoing positive seasonal conditions, the scene has been set for a very favourable year for Australian ag.
