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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Value of Australian agriculture falls again
The value of Australian agricultural production in 2009-10 decreased by 5% to $39.6 billion compared to the previous year, according to data released today by the Australian Bureau of Statistics (ABS).
A combination of the strong Australian dollar, decreased crop and stock sizes and increased competition drove declines in the values of key broadacre crops (down by 7% to $21.6 billion) and livestock (slaughterings and other disposals down 1% to $12.7 billion, livestock products down by 8% to $5.7) compared to 2008-09.
Key movements include:
More information can be found in Value of Agricultural Commodities Produced, 2009-10 (cat. no 7503.0).
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