{"id":369743,"date":"2026-03-04T14:34:18","date_gmt":"2026-03-04T04:34:18","guid":{"rendered":"https:\/\/southburnett.com.au\/news2\/?p=369743"},"modified":"2026-03-04T14:34:18","modified_gmt":"2026-03-04T04:34:18","slug":"ag-to-ease-after-record-year","status":"publish","type":"post","link":"https:\/\/southburnett.com.au\/news2\/2026\/03\/04\/ag-to-ease-after-record-year\/","title":{"rendered":"Ag &#8216;To Ease&#8217; After Record Year"},"content":{"rendered":"<p><strong>March 4, 2026<\/strong><\/p>\n<p>ABARES has predicted Australian agriculture will reach a record $101.4 billion in gross production value in 2025-26.<\/p>\n<p>However, values will drop back in 2026-27 with both prices and output expected to soften.<\/p>\n<p>ABARES is forecasting combined agriculture, fisheries and forestry value to top $107.4 billion in 2025-26, also a record.<\/p>\n<p>Despite below average growing season rainfall in 2025-26 across many cropping regions in south-east Australia, growers have delivered the second largest winter crop on record, with timely rainfall and mild spring temperatures helping to drive strong yields.<\/p>\n<p>The value of agricultural exports is forecast to increase 6 per cent ($4.6 billion) to $80.5 billion in 2025-26, and up to $84.8 billion when including fisheries and forestry.<\/p>\n<p>ABARES Executive Director Dr Jared Greenville said the expected higher export values reflected higher crop export volumes, and higher overall livestock and livestock product export prices.<\/p>\n<p>\u201cFollowing the strong performance this year, we\u2019re expecting production to ease in 2026-27, with below average rainfall expected for much of southern Australia in autumn,\u201d Dr Greenville said.<\/p>\n<p><strong>\u201cCrop prices are also expected to decline in 2026-27 as prices in global markets for many crops decline.<\/strong><\/p>\n<p>\u201cChallenges in market access and uncertainty over recent trade announcements will weigh on export prices for livestock.\u201d<\/p>\n<p>ABARES is forecasting the gross value of farm production to fall 6 per cent to $95 billion but still high relative to recent years.<\/p>\n<p>Including fisheries and forestry, combined value for the sector is also expected to ease 6 per cent to $101.2 billion in 2026-27.<\/p>\n<p><strong>Livestock and livestock product value is forecast to fall by 8 per cent to $43 billion in 2026-27, reflecting lower prices and volumes.<\/strong><\/p>\n<p>Value of crop production is expected to fall 5 per cent to $52 billion, reflecting lower production volume.<\/p>\n<p>\u201cThese declines, combined with a rise in farm costs, will also flow on to broadacre farm profit, which is expected to fall by 14 per cent to an average of $126,000 per farm in 2026-27,\u201d Dr Greenville said.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>ABARES has predicted Australian agriculture will reach a record $101.4 billion in gross production value in 2025-26.<\/p>\n","protected":false},"author":20,"featured_media":344920,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[3,36],"tags":[1134],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v19.11 - 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