Cattle farmers beef up savings to prepare for droughts and floods ahead – ABC Rural

Cattle farmers beef up savings to prepare for droughts and floods ahead – ABC Rural

Recent high cattle prices have enabled Australian beef producers to put more money into Farm Management Deposits (FMDs). Their contributions have increased by 50 per cent in the last three years, which is double the increase seen in other sectors. Almost $7 billion is now held in FMDs, which is …

Cattle farmers beef up savings to prepare for droughts and floods ahead – ABC Rural

Cattle farmers beef up savings to prepare for droughts and floods ahead – ABC Rural

Recent high cattle prices have enabled Australian beef producers to put more money into Farm Management Deposits (FMDs). Their contributions have increased by 50 per cent in the last three years, which is double the increase seen in other sectors. Almost $7 billion is now held in FMDs, which is …