Australia’s Agricultural production soars to historic heights

ichael is joined by Dr Jared Greenville, executive director of Abares (Australian Bureau of Agricultural and Resource Economics and Sciences) about the terrific news that Australia’s farmers are on track to smash production value and volume records in 2021-22 on the back of exceptional seasonal conditions and a surge in world commodity prices.
Despite recent flood and rain damage in the eastern states, the ABARES Agricultural Commodities: December Quarter is forecasting a history-making agricultural gross production value of $78 billion – $5.4 billion more than predicted just a few months ago.
The value of agricultural exports is forecast to hit a record $61 billion.
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