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7503.0 - Value of Agricultural Commodities Produced, Australia, 2009-10 Quality Declaration 
Previous ISSUE Released at 11:30 AM (CANBERRA TIME) 31/05/2011   
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Image: wheat CROPS

A $2.1 billion decrease in the value of broadacre crops in 2009-10 was driven by lower commodity prices and decreased production. Cotton and rice were exceptions with gross value increases of $103.1 million (16%) and $55.4 million (161%) respectively, driven by increased production.

In 2009-10 there was a $1.3 billion (or 21%) decrease in the value of wheat for grain, driven by decreased prices. Barley values decreased 27% to $1.4 billion and canola values fell by 17% to $840 million.

Most vegetable values were down in 2009-10 with the exception of potato values which rose by 10% to $614 million.

Falls in production and average prices for grapes in 2009-10 contributed to their reduced gross value, decreasing by 8% to $1.1 billion.

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