ABARES says ag output still strong but shrinking as dry year looms

Andrew Marshall
Updated June 6 2023 - 3:51pm, first published 3:00pm
El Nino and lower prices to cut ag production value 14pc
El Nino and lower prices to cut ag production value 14pc

After climbing to a record $85 billion this financial year, the farm sector has been warned to brace for sliding farmgate production to about $79b as drier seasons, lower market prices and shrinking export earnings hit home in 2023-24.

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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