FARMER confidence is rising, with the number of Western Australian farmers expecting conditions to improve in the next 12 months increasing by 8 per cent to 26pc, while those expecting conditions to worsen halved to only 15pc, according to Rabobank’s latest Rural Confidence report.
The report, for the June quarter, has also found that this confidence is flowing through to farmers’ property decisions.
It found that 91pc of WA farmers were planning to increase or maintain their level of business investment in the next 12 months, compared to 88pc last quarter.
Out of these farmers, 46pc were…