AGRIBUSINESS

Value of ag production still forecast to be third highest on record

THE gross value of Australian agricultural production is predicted to drop by $13 billion this financial year, from its record value of $92 billion in 2022-23, however is still tipped to be the third highest result on record.

Staff Writer
 ABARES predicts production values will drop from last year's record high, but still be the third highest on record. Picture Mark Saunders.

ABARES predicts production values will drop from last year's record high, but still be the third highest on record. Picture Mark Saunders.

The latest agricultural overview from the Australian Bureau of Agricultural and Resource Economics and Sciences (ABARES) released yesterday, shows the value of Australian agricultural production is forecast...

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