Interest rates were on hold, the majority of commodity prices remained relatively strong, the seasonal forecast was primarily positive for much of the country.

"With harvest and summer crop planting both approaching, we're on track to achieve a large winter crop and increased summer cropping area," Mr McKillop said.

His comments follow publication of the NFF's Agribusiness Loan Monitor results for September, which show lending rates staying stable as the Reserve Bank of Australia's cash rate sits at 4.75 per cent for the tenth consecutive month.

The loan monitor, compiled by Canstar Cannex, puts National Australia Bank's lending rates as the best value term loans available for agribusiness, at a base rate of 7.33pc.

NAB's overall term loan rate was, however, 7.76pc and higher, while the Commonwealth Bank at 9.74pc at the top end of the market.

The Commonwealth's base overdraft rate is the most competitive, at 7.19, although it's overall overdraft is up to 11.2pc.

Overall agribusiness overdraft rates are as high as 15.5pc and 14.7pc from the Banana Coast Credit Union and ANZ, respectively.

"Of course, variability and fluctuations are all part of the farming business and seasonal and commodity forecasts don't always ring true, and farmers are also still facing other challenges," Mr McKillop said.

A La Nina pattern developing later on in the year, which could cause havoc with both winter and summer crops and despite its recent plunge, the dollar was still relatively high and a income hurdle for exporters.

"As farmers know only too well, risk management in farm businesses is essential," Mr Mckillop said.

"We encourage farmers to continue adopt risk management tools that are appropriate for their businesses like price hedging and on-farm grain and feed storage to ensure they are somewhat insulated against any variables or fluctuations - be it in interest rates, the weather, commodity prices or the Australian dollar."

The NFF Agribusiness Loan Monitor can be viewed on NFF's website: www.nff.org.au