Farmer confidence low amidst climate extremes

New research reveals only two per cent of farmers in NSW expect conditions to improve for their business over the next 12 months as floods and drought continue to impact producers across the statee.

The biannual NSW Farmers Business Sentiment Survey showed 56 per cent of farmers are experiencing deteriorating business conditions in 2025 thanks to natural disasters, input costs and global trade headwinds.

Insurance was also cited as a major concern for farmers with the number of respondents concerned about accessing insurance jumping by 10 per cent in the last year alone.