Rising dollar hits the farm. (Australian Export Awards).(mentions decreases in specific types of exported agricultural products, such as wool, meat, etc.)(Brief Article) From: Business Asia | Date: June 1, 2002 | COPYRIGHT 2002 First Charlton Communications Pty Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group.Copyright information

Australia's farmers have pinned their business hopes on the local currency, which until this year was doing just fine--slumping almost one quarter against the US dollar.

After two years of declines, the Australian dollar has gained eight per cent since 1 January, making it the fourth-best performer among the world's top 17 currencies.

A rising currency is bad news for Australia's farmers, who are forecast to ship $31 billion of goods in the year ending June. W...

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