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New figures warn farm input costs are expected to rise higher than inflation in 2026.
The annual consumer price index currently sits at 3.8% but fertiliser costs are expected to rise 6%, and fodder is up 15%.
ABARES says farmers are also receiving more for their produce.
Rural Editor Emily Minney caught up with Acting Assistant Secretary Kurt Hockey on what the figures mean.
See omnystudio.com/listener for privacy information.
By Nine RadioNew figures warn farm input costs are expected to rise higher than inflation in 2026.
The annual consumer price index currently sits at 3.8% but fertiliser costs are expected to rise 6%, and fodder is up 15%.
ABARES says farmers are also receiving more for their produce.
Rural Editor Emily Minney caught up with Acting Assistant Secretary Kurt Hockey on what the figures mean.
See omnystudio.com/listener for privacy information.

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