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​​​​​The latest from ABARE​S

Water allocation prices forecast to remain low across the southern Murray-Darling Basin in 2021-22

The latest ABARES Water Market Outlook report indicates water allocation prices in the southern Murray-Darling Basin are likely to remain low in 2021–22.  Published 31 March 2021

 

 

Agriculture’s record year, but challenges on horizon

The Agricultural Commodities Report – March 2021, forecasts an all-time high $65.9 billion in production value this fiscal year confirming Australian agriculture is in the midst of an exceptional rebound from drought. However, the medium to longer term outlook is less clear. Published 2 March 2021

 

 

Aquaculture to lead seafood’s pandemic recovery

The Australian fisheries and aquaculture outlook for 2021 says Australia’s seafood industry is on the cusp of an aquaculture-led recovery, with salmon, prawns and oysters expected to help lift the sector back into positive territory. Latest ABARES data reveals production value is forecast to slide six per cent in 2020-21 to $2.9 billion because of COVID-19 and trade disruptions. Published 2 March 2021

 

 

Average farm cash incomes up 18 per cent to $184k

Farm performance: broadacre and dairy farms, 2018–19 to 2020–21, saysat the national level, farm cash income for broadacre farms is projected to increase by 18% to average $184,000 per farm in 2020–21 driven by improved seasonal conditions. Latest survey results are now online in a new, interactive data dashboard. Published 2 March 2021

 

 

Snapshot of Australian Agriculture 2021: Insights

The Snapshot of Australian Agriculture 2021 draws on previously published statistics and insights into key aspects of Australian agriculture. Published 25 February 2021

 

 

Stocktake of megatrends shaping Australian agriculture: Insights

The latest ABARES Insights paper sets out five megatrends, each of which is framed in terms of three component trends. The megatrends analysis confirms the fundamentals are in place to support agricultural growth, while identifying several challenges to be addressed. Published: 23 February 2021

 

 

Forecast of improved summer crop production in 2020–21

The Australian Crop Report – February 2021 estimates that summer crop planting in Queensland and northern New South Wales to be 3 times larger than the drought affected season in 2019–20. Estimates of winter crop production in 2020–21 is also revised higher to total 55.2 million tonnes. Published: 16 February 2021

 

 

ABS, ABARES partnership delivers new farm database for Australia

This report about the Agricultural Data Integration Project details this innovative work that integrates several existing datasets to unlock new insights and applications for Australian farms. Published: 16 December 2020

 

 

Value creation in Australia through agricultural exports: playing to advantages

An ABARES Insights article released today explores whether Australia is missing out on domestic value creation opportunities because of the focus on trade in raw and minimally processed agricultural products. Published: 15 December 2020

 

 

Opportunities from action on climate change: Insights

Australia’s farmers are well placed to benefit from global market changes as countries and businesses around the world act on and adapt to climate change, the latest ABARES Insights paper has found. Published: 10 December 2020

 

Last reviewed: 31 March 2021
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