How income records set in 2022 and farm inventory will shape the way 2023 will unfold
Agriculture has been on a roll for three straight seasons and all-time income growth has given farmers the appetite for expansion We take a look at how record income levels were achieved from farm produce over the past three winter seasons and farmland prices that sometimes quadrupled at the same time in this exclusive AFDJ […]
Agricultural exports achieved a record high in 2021-22 with more on the way
The total value of our agricultural exports in 2021-22 was $67.5 billion, an increase of 37% over the previous year, with predictions 2022-23 will be even higher
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 […]