Australia to Hit a Massive $100b Milestone
Australian agriculture is on track to hit its $100 billion production value target four years early, revealing the underlying strength of “one of the nation’s great success stories”.Despite drought, market shocks, policy headwinds and commodity price fluctuations, our produce is forecast to be valued at $94.7bn this season, across an agricultural footprint of an estimated 369 million hectares.The National Farmers’ Federation (NFF) had not expected the sector to reach the 12-figure sum until 2030.And if Australian farmers are “nimble” and willing to “explore new export markets”, agriculture experts say there is scope to capitalise further on their extraordinary output...
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