With all this turmoil from the flow on effects of the war with Iran, let’s get a global update on how it’s impacting agriculture with Comm Bank economist Dennis Voznesenski.
While the scale of the flood disaster in northern Australia is still being determined, confirmed livestock losses have already surpassed 200,000 head. Now, farmers wait for the first muster to reveal what's left.
It's likely to take a couple of weeks for Fuel prices to fall following the Federal Government's halving of the fuel excise tax. Federal Member for Riverina, Michael McCormack thinks there are more things the government could be doing.
Robinvale, in the Victoria's far north-west, was one of the first towns to report shortages at the bowsers.
It's coming close to three months since the fires devastated parts of the state, Agriculture Victoria is encouraging bushfire affected farmers to access recovery support.