Agricultural outlook

Agricultural commodities vol. 11 no. 2

Agricultural overview

16 June 2021

The value of farm production is forecast to be a record $66.3 billion in 2020-21.

The value of farm production is forecast to be a record $66.3 billion in 2020-21.

Australian crop report

8 June 2021

The opening to the winter cropping season in 2020–21 was generally very favourable.

Area planted to winter crops in 2021–22 is forecast to reach a record high nationally due to favourable climate conditions and high world prices.

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Forecasts and historical statistics.

Forecasts and historical statistics.

Economic overview

16 June 2021

Growth outlook continues to improve

Growth outlook continues to improve.

Seasonal conditions

16 June 2021

Conditions generally favourable for agriculture

Conditions generally favourable for agriculture.

 

Outlook for Crops

16 June 2021

Near record value of crop production for 2020-21

Near record value of crop production for 2020-21.

Outlook for Livestock

16 June 2021

Livestock production and export value remains high in 2020-21

Livestock production and export value remains high in 2020-21.

 
 

Featured articles

Australian rice markets in 2020

Analysis of Australian rice markets in 2020.

Meat consumption

Analysis of global meat consumption trends.

African swine fever

Containment of African swine fever in China and industrialisation of the Chinese pork industry will impact global markets.

Containment of African swine fever in China and industrialisation of the Chinese pork industry will impact global markets.

Water market outlook

Provides a summary of water market conditions and the outlook for allocation prices in the sMDB

 
 

If you have any feedback about this publication or our forecasts, please contact us at ABARES Commodities.

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Recent research

Introducing ABARES historical agricultural forecast database

Published 14 April 2021.

This paper provides a summary and analysis of forecast performance using ABARES newly released historical agricultural forecast database.

 

Seasonal climate scenarios for medium-term forecasts

Published 3 March 2020.

A challenge for medium-term forecasts of agricultural markets is that no reliable seasonal climate forecasts exist beyond the current growing season in southern Australia. ABARES is trialling a scenario approach to provide insights into the future state of Australian agriculture.

 

Farmers’ terms of trade: Update to farm costs and prices paid

Published 3 March 2020.

This paper reports on the results of an update to the way ABARES calculates the farmers' terms of trade (FToT) indicators. This includes updates to the price indexes for farm outputs and inputs to production, and measures of farm costs and net farm returns.

Last reviewed: 16 June 2021
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