In 2010-11 the preliminary estimate of the gross value of agricultural commodities produced was $40.1 billion, an increase of 19% ($6.4 billion) from the previous year.
Nationally the value of crops increased by 26% in 2010-11, reversing the trend of decline witnessed in recent years.
The value of livestock slaughterings and other disposals rose by 8% in 2010-11 to $13.7 billion.
The total gross value of livestock products in Australia in 2010-11 increased by 25% compared to the previous year.
The gross value of wheat in Australia increased by 60% $7.6 billion since 2009-10, due to increased average prices and production.
The value of wheat was greatest in New South Wales, which more than doubled to $2.9 billion in 2010-11.
The increase in crop value nationally was also driven by a rise in the gross values of cotton (up by 126%), rice (up by 94%), canola (up by 54%) and sorghum (up by 52%).
The gross value of sugarcane cut for crushing decreased by 32% to $946 million, hay by 31% to $1.1 billion and grapes by 11% to $985 million.
LIVESTOCK SLAUGHTERINGS AND OTHER DISPOSALS
The number of cattle and calves slaughtered was down slightly on the previous year, but average prices were up substantially resulting in an overall increase of 9% in the value of cattle and calves slaughter to $7.9 billion.
The value of cattle and calves slaughtered rose in all states and territories, most notably the Northern Territory (up by 27%), Tasmania (up by 22%) and Western Australia (up by 13%).
The gross value of sheep and lambs and poultry in Australia increased by 9% and 16% respectively, however the gross value of pigs decreased by 9% nationally.
The gross value of wool increased by 39% to $2.7 billion nationally, driven by large increases in Victoria (up by 57%), Western Australia (up by 34%) and New South Wales (up by 33%).
The gross value of eggs and milk also increased by 30% and 17% respectively.
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