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Export stampede heralds bumper year for farmers

Jan 13, 2025 (The Australian Financial Review - ABIX via COMTEX) --

The Australian Bureau of Agricultural & Resource Economics & Sciences forecasts that the value of the nation's agricultural production will top $94.3bn in 2024-25, a year-on-year increase of $6bn. Agricultural exports totalled $60bn in 2023-24, and market watchers are upbeat about the outlook for farmers in 2025. Factors such as higher production, strong demand and a fall in the value of the Australian dollar are expected to boost the sector's export earnings..

Publication Date: 14 January 2025

AUSTRALIAN BUREAU OF AGRICULTURAL AND RESOURCE ECONOMICS AND SCIENCES
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COMTEX_461815885/2229/2025-01-13T18:12:01

By Cecile Lefort

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