The 2024 Federated Farmers-Rabobank Farming Salaries Report indicates substantial growth in farm salaries despite recent industry challenges. Released yesterday, the report highlights an average farm worker salary increase of $7480 to $71,411 since 2022. The survey, encompassing data from 529 farm employers and nearly 1800 employees, shows a 13% rise in the weighted average salary across various on-farm positions. Notably, dairy herd managers, sheep and beef farm managers, and arable farm managers have seen salary increases of 19%, 22%, and 28% respectively. Total package values, including benefits such as vehicle use and allowances, also showed strong growth. The latest BDO Business Wellbeing Index report illustrated the agribusiness sector was showing resilience and a more positive outlook, possibly due to favourable conditions in dairy pricing.