Farms and Farm Machinery

drought rebound

Australian agricultural production will be impacted more by the process of recovering after years of drought than from the effects of COVID-19, according to the latest report from the Australian Bureau of Agricultural and Resource Economics and Sciences (ABARES).

In its June report, ABARES predicts the value of farm production will increase “modestly” to $61 billion in 2020–21, which acting executive director Peter Gooday says will be the third straight year over $60 billion.

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