Farmer satisfaction with their banks is relatively stable but more are feeling under pressure with costs of finance on the rise. The May Federated Farmers Banking Survey shows higher interest rates are having an effect on top of significant hikes in the cost of freight, fertiliser, fuel and labour. The Federated Farmers Banking Survey has been held twice-yearly since 2016 and Manager of General Policy at Federated Farmers Nick Clark joins Mark Leishman on Round Up.
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