![\"\"](\"https:\/\/static.timesnewsgroup.com.au\/prod\/uploads\/sites\/2\/2025\/06\/CropsUp_13692.jpg\")
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“The recent rainfall was helpful for some and the outlook for these regions is currently positive, which is embedded in our current forecasts, but if not realised, creates a downside risk to national production figures.<\/p>\n
“Despite the risks, the overall seasonal outlook is positive but is expected to lead to lower production than last year.<\/p>\n
“Nationally, an expected fall in crop production in 2025-26 will lead to a $2.1 billion fall in crop value and $0.5 billion reduction in livestock and livestock product values.”<\/p>\n
While livestock and livestock production volumes are expected to fall (down by 3 per cent) as farmers outside the drought areas start restocking, demand for Australian livestock remains strong, as do export prices.<\/p>\n
ABARES forecasts export values will fall by $2.6 billion, given lower livestock and crop export volumes.<\/p>\n
However, the forecast total of $71.7 billion for 2025-26 (or $76.7 billion when fishery and forestry exports are included) is still expected to be the third highest recorded.<\/p>\n
Dr Greenville noted Australian export volumes were expected to be resilient despite subdued global demand and uncertainty around global trade policies.<\/p>\n
“Australian agricultural exports are expected to be supported by tightening global grain stocks, demand for Australian red meat and a relatively low Australian dollar,” he said.<\/p>\n","protected":false},"excerpt":{"rendered":"
EVEN though the rain has finally arrived in a big way, the damage has already been done with failed crops, and the substantial slaughter of breeding female cattle and sheep as the Victorian fodder market has completely dried up. Many farmers were forced to sell livestock due to running out of water and the substantial […]<\/p>\n