Farm operations led an export surge of $77.2 billion for season 2024-25

We take a look at what types of farm operations benefited from high-value export income from the 2024-25 season for pointers to current 2025-26 season prospects The value of agricultural exports continued to surge as the 2024-25 season progressed to reach $77.2 billion, with growth driven by a boom in the value of red meat […]

Farmgate value tipped at record high for season 2025-26

Rural sector farm operations combined with fish and forestry sectors expected to break through the $100 billion income barrier The combined income from agriculture, fisheries and forestry production is expected to hit a record value of $101.6 billion in season 2025-26 according to industry forecasts released today. And while all rural sectors are playing their […]

Farmgate income gets uplift forecast with cropping on a positive reset

Livestock producers already in the box seat for a steady rise are now followed by cereal growers as much-needed rain has arrived just in time. Widespread rainfall in late July was all some farm operations needed to mark a turning point for the 2024-25 winter cropping season. The rain has been especially critical for parts […]

Farming exports forecast to reach a record $70.3 billion from a $81.8 billion crop season

Exceptional growing conditions and high global prices are continuing to benefit our local agricultural production and exports. A report released today is forecasting agricultural export earnings to climb to a record $70.3 billion for 2022-23, that’s almost 50% more than what it was 10 years ago after accounting for inflation. ABARES Executive Director Dr Jared […]

Tariff cuts kick in at the start of 2022 to expand farm export opportunities

Our record breaking $78 billion in farm gate produce will benefit from improved market access and tariff cuts that come into play on a range of commodities worldwide Ongoing tariff reductions under free trade agreements negotiated by the Federal Government will start to return some huge benefits back to farmers already in expansion mode and […]