News

​​​​​​​​​​​​​​​​​​​​​The latest from ABARES

Dairy prices and exports forecast to rise

After a challenging 2015-16 for Australian dairy, ABARES’ Peter Collins says the Australian farmgate price of milk is forecast to rise by 2 per cent in 2016-17 to average 43.8 cents a litre. Released: 8 March 2017.


Bright outlook for Australian livestock industries

It’s been a big year for Australia’s livestock industries, with relief from the drought, high prices and solid farm income growth providing significant opportunities for cattle and sheep producers. Acting ABARES Chief Commodity Analyst Trish Gleeson said that, following exceptional returns in 2015–16, strong results were expected to continue in the coming year. Released: 8 March 2017.


Fine figures for Australian wool

The expectation for sustained, strong retail sales growth will support continued demand for Australian wool exports and strengthening prices for producers. ABARES’ Dr Caroline Gunning-Trant said the price of wool in Australian dollars had been increasing since 2014. Released: 8 March 2017.


Top of the crops: record production forecast

After an extraordinary year for Australian grains and oilseed production, ABARES has forecast yields to return to average levels in 2017–18. ABARES’ Alistair Davidson, said the forecast decline in production came on the back of record crops of wheat, barley and canola following outstanding seasonal conditions in 2016–17. Released: 7 March 2017.


Australian broadacre farm incomes at record high

Farm cash income for Australian broadacre farms is projected to average $216,000 per farm in 2016–17, the highest recorded in the past 20 years, according to ABARES’ Tom Jackson. Released: 7 March 2017.


Innovation underpins the global competitiveness of Australian agriculture

Innovation has underpinned a steady increase in wheat yields over the past decade—despite the impact of climate conditions on overall production levels, according to new data released today by ABARES. Released: 7 March 2017.


Australian farm production forecast to top a record
$63 billion

The March Agricultural Commodities Report has forecast the gross value of Australian farm production will increase by 8.3 per cent to a record $63.8 billion in 2016–17, easing slightly to $61.3 billion the following year. Released: 7 March 2017.
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Vegetable farm financial survey enters its 10th year

Our farm survey team has begun the 10th Australian vegetable-growing industry survey, to gather information to help Australia’s $3.4 billion vegetable growing industry manage challenges and plan for the future.



image of tractorAustralian winter crop production continues to climb

According to the Australian crop report, total winter crop production is estimated to have increased by 49 per cent in 2016–17 to 58.9 million tonnes. Released: 14 February 2017.

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Media release archive

Looking for a past media release? Our media releases archive contains ABARES media releases from 2016 to 2010.

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Last reviewed:
29 Mar 2017