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flag Australian farm confidence increases due to improved rainfall, with 23% expecting economic improvement.

flag A Rabobank survey indicates that Australian farm confidence has surged due to improved rainfall, which has brightened the agricultural outlook. flag Currently, 23% of farmers expect economic improvement, up from 15% three months ago. flag While livestock prices rise and optimism grows, grain and cotton farmers are struggling with lower prices. flag Concerns about drought and rising costs persist, although they have lessened since the previous quarter.

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