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BENDIGO businesses are seeking to either cash-in or cope with the tumbling Australian dollar as it reached its lowest level in five years on Tuesday.
Agribusiness in the region is looking to improved opportunities in foreign markets compared with the last few years, when the dollar reached record highs.
It sat at 81 US cents on Tuesday.
While positives may be evident in some sectors, others face challenges as imported goods and machinery increase in price.
The attractiveness of foreign markets has also pushed up the price of grain in Australia, as larger quantities are made available for export.
Hazeldene's director corporate affairs Vicki Gaudion said the falling Australian dollar is having an impact on a few different areas.
"We spend a lot on grain for feed," she said.
"The low Australian dollar has made it more attractive to export grain overseas."
Hazeldene's exports small quantities into Asia, but the majority of produce is sold locally.
The cost of bringing in equipment has also risen in comparison to last year when the dollar remained high.
Despite the challenges, Ms Gaudion said it was good for the country to see the currency returning to proper levels.
"The impact has been reasonably minor at the moment," she said.
"On the whole though, it's better for Australia for the dollar to be lower. It's not all about us."
Bendigo Business Council chief executive Patrick Falconer said agricultural industries should be able to benefit.
"Any companies that export to other parts of the world would be happy," he said.
"Agribusiness members certainly benefit. Hopefully in the next five years it will help Australia return to its initial agricultural strength."
The rebounding US economy has tempted investors to put faith in the US dollar.
Mr Falconer said overall the falling Australian dollar should be a positive.
He expected the Reserve Bank to cut interest rates at some stage in 2015.