Record grain crops, high livestock prices, and booming exports is likely to drive an increase in deposits to the Farm Management Deposits scheme.

The tool allows farmers to put money away from good years, and access it during a downturn.

Rural reporter Eddie Summerfield spoke with NAB's Agribusiness General Manager Khan Horne who is forecasting deposits will eclipse $6 billion next month.

Record grain crops, high livestock prices, and booming exports is likely to drive an increase in deposits to the Farm Management Deposits scheme.
The tool allows farmers to put money away from good years, and access it during a downturn.
Rural reporter Eddie Summerfield spoke with NAB's Agribusiness General Manager Khan Horne who is forecasting deposits will eclipse $6 billion next month.

The Rural News

The Rural News is market leader, dealing exclusively with stories of interest to the farming sector and has the support of Australia’s largest media business and international correspondents.

The Rural News is market leader, dealing exclusively with stories of interest to the farming sector and has the support of Australia&rsquo;s largest media business and international correspondents.

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