Dollar to US65c by December, but drought drags on export options

Andrew Marshall
Updated August 21 2019 - 2:12pm, first published 11:10am
Meat traders would rely on the lower currency to drive their already bullish export sales as far as their cost margins allowed, said Australian Meat Industry Council chief executive officer, Patrick Hutchinson.
Meat traders would rely on the lower currency to drive their already bullish export sales as far as their cost margins allowed, said Australian Meat Industry Council chief executive officer, Patrick Hutchinson.

Farm sector exporters can hardly believe their luck as the Australian dollar creeps lower, and more competitive on global markets.

Andrew Marshall

Andrew Marshall

National agribusiness writer

Andrew Marshall is the group agribusiness writer for ACM's state agricultural weeklies and websites. He is a former editor at The Land and has worked in various Rural Press group roles in Canberra, North Richmond (NSW) and Toowoomba (Qld).

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