Australian farm production on trend

The gross value of Australian farm production is forecast to dip by 4.6% to $59.9 billion in 2017–18, following last year’s record-breaking returns, according to the Agricultural Commodities, June quarter 2017 issue. Source: AFDJ eNews The recent Australian Bureau of Agricultural and Resource Economics and Sciences (ABARES) report finds the gross value of farm production […]

ABARES Outlook a smash

Growth in Australia’s agriculture sector continues to smash records, with the gross value of Australian farm production is forecast to reach $63.8 billion in 2016–17, and farm cash income for Australian broadacre farms is projected to average $216,000 per farm in 2016–17. Source: AFDJ eNews Acting Prime Minister and Minister for Agriculture and Water Resources, Barnaby Joyce, said […]

Putting regional Australia in context

Key information profiling Australia’s agriculture sector on a region-by-region basis is available in ABARES’ latest About my region profiles. Source: AFDJ eNews ABARES Executive Director, Peter Gooday, said the profiles provided a concise overview of the agriculture, fisheries and forestry sectors in every region across the nation. “It is important that Australian growers and producers […]

ABARES forecasts a modest rise for farm production

The gross value of Australia’s farm production is forecast to pass $60 billion for the first time next financial year, according to the latest ABARES figures. Source: AFDJ eNews ABARES Executive Director, Karen Schneider said the expected modest rise in value was bolstered by improved prospects for livestock and cropping industries. “Total farm production is forecast […]