Australian Farmers Expect Record-Breaking Year
Update: 2025-12-01
Description
Australian farmers are poised for a record-breaking financial year, with agriculture, fisheries, and forestry production projected to reach $106.4 billion in 2025-26. Livestock markets are booming, and crop values are steady, leading to improved farm profitability. The average broadacre farm cash income is forecast to reach $227,000 per farm. The national winter crop is also robust, with production on track to hit 66.3 million tonnes. However, wine grape production is expected to decline by 11% due to challenging seasonal conditions and subdued demand.
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