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FARMING STATS: Planfarm managing director Greg Kirk, Bankwest rural and regional state manager John Sgambelluri and Planfarm consultant Graeme McConnell at the Planfarm Bankwest survey launch.

Farmers average just 1% return

Western Australian broadacre farmers only averaged a “fairly miserly” 1.07 per cent return on capital for their 2012 harvests due to variability in grain prices, low rainfall, higher costs and lower yields.

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