The value of agricultural production forecast to increase by 6% to $99.5 billion in 25-26, driven by rising livestock and livestock product prices and steady crop production value.

This Insights report demonstrates that during periods of heightened construction activity and demand for structural sawnwood, domestic production is supplemented by supply from overseas, which insulates Australian consumers from significant price effects. This is expected to continue.

This biannual report presents historic statistical information for Australia's forest and wood products industries. This issue includes the latest 2024-25 data for trade of forest and wood products as well as previously published data on the value and volume of production for forestry sector activity to 2023-24.

Total Australian agricultural R&D funding in 2024-25 is expected to be $3.0 billion. This is broadly in line with the real level of funding in 2023-24. The public sector remains the largest funder of agricultural R&D, based on updated and revised data.

The Australian Gridded Farm Data (AGFD) are a set of national simulated farm business data produced by ABARES. The AGFD contains maps of simulated data on historical and projected farm business outcomes including profitability on an 0.05-degree (approximately 5 km) grid.