Gross value of farm production to nudge $60b: ABARES

THE gross value of Australian farm production is forecast to increase to $58.4 billion in 2016–17, according to the latest analysis released in the ABARES Agricultural Commodities report.

Gross value of farm production to nudge $60b: ABARES Gross value of farm production to nudge $60b: ABARES Gross value of farm production to nudge $60b: ABARES Gross value of farm production to nudge $60b: ABARES Gross value of farm production to nudge $60b: ABARES

 

The positive forecast – which if realised would be around 13% higher than the average value for the past five years – is due in part to a forecast rise in the gross value of crop production.