Like wheat , beef prices have also done well and this flowed through to many beef producing regions . The Queensland outback , where around a quarter of beef cattle live , saw median house prices increase by 40 per cent .
Overall the outlook for commodity prices , as well as production , remains positive . Rural Bank , in their 2022 outlook across all agricultural commodities , outlined that the main challenge was going to be access to labour . With migration levels still very low , it ’ s expected to most significantly hit the horticulture sector .
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