Australian Bureau of Agricultural and Resource Economics and Sciences
Welcome to the Australian Bureau of Agricultural and Resource Economics and Sciences (ABARES), the science and economics research division of the Department of Agriculture, Water and the Environment.
In 2020-21 value of Australian agricultural production is forecast to reach a record $65.9 billion, confirming Australian agriculture is in the midst of an exceptional rebound from drought. However, the gross value of production over the medium term is not forecast to grow.
ABARES farm data is Interactive and Online NOW
ABARES has launched 3 interactive dashboards online. Explore, interrogate, and download our farm performance and agricultural productivity data via our new database query tools.
Latest ABARES data reveals production value is forecast to slide 6 % in 2020-21 to $2.9 billion because of COVID-19 and trade disruptions. However, salmon, prawn and oyster aquaculture production is projected to drive a recovery.
The Snapshot of Australian Agriculture 2021 draws on previously published statistics and insights into key aspects of Australian agriculture: its role in the broader economy, trends in production, industry structure and productivity, risk management, agricultural employment, government support, trade and impacts of the COVID-19 pandemic.
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.
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