Confidence amid Australia's farmers has fallen as a consequence of sliding commodity prices, according to a quarterly study by food and agribusiness banker, Rabobank Australia.

The survey that inquired around 1,200 cultivators and was finished in May, said that fading prices in some commodities had suppressed emotion, though positive rural conditions had increased confidence amongst growers in the eastern states.

According to the survey, 29% of farmers anticipated conditions to get better over the next 12 months compared to 30% in the earlier quarter.

23% of farmers felt that conditions would worsen, upbeat from 19% in the preceding quarter.

Of farmers hoping for an enhancement in conditions over the upcoming year, 62% quoted seasonal conditions as a main contributor.

The cultivators anticipating weakening in conditions, 56%, mostly grain and mixed farm workers, proposed commodity prices as the major concern.

Rabobank General Manager of Rural Australia, Peter Knoblanche, said that optimism had leveled.

Peter Knoblanche said, "Favorable autumn rain across eastern Australia has topped up sub-soil moisture profiles and resulted in the best winter crop-planting conditions in nearly a decade in many regions".

Mr. Knoblanche said that agricultural exporters should get some respite from the recent drop in the cost of the Australian Dollar, which should bring about greater realized prices for majority of the exporters and offset the affect of lesser prices for commodities like grain and sugar.