ABARES Outlook 2020: Ag production slides to $59b as drought canes farm earnings

Andrew Marshall
By Andrew Marshall
Updated March 3 2020 - 9:33am, first published March 2 2020 - 7:07pm
Drought dehydrates farm export and production forecasts

Despite red hot livestock prices and some seasonal good luck in parts of Australia, the fierce drought across many agricultural regions is likely to slash average incomes for broadacre farmers by eight per cent this financial year, and cut farm export values 11pc to $43 billion.

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Andrew Marshall

Andrew Marshall

National agribusiness writer

Andrew Marshall is the group agribusiness writer for ACM's state agricultural weeklies and websites. He is a former editor at The Land and has worked in various Rural Press group roles in Canberra, North Richmond (NSW) and Toowoomba (Qld).

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