7503.0 - Value of Agricultural Commodities Produced, Australia, 2018-19 Quality Declaration 
Latest ISSUE Released at 11:30 AM (CANBERRA TIME) 28/05/2020   
   Page tools: Print Print Page Print all pages in this productPrint All RSS Feed RSS Bookmark and Share Search this Product

Value of agricultural products

The gross value for Australian agriculture rose by 3% to $60 billion in 2018-19 despite drought conditions.


The total gross value of crops rose 1 per cent to $30 billion despite a large fall in the value of broadacre crops (which account for more than half of the total value of crops). Drought conditions impacted broadacre crops in New South Wales and Queensland, while Western Australia experienced a bumper season. Results were also mixed for horticultural crops.

Key crop results for 2018-19:

  • $6 billion for wheat (up 9%)
  • $5 billion for fruit and nuts (up 9%)
  • $4 billion for vegetables (up 7%)
  • $3 billion for barley (up 32%)
  • $1 billion for cotton (down 55%)
  • $1 billion for canola (down 35%)
  • $34 million for rice (down 86%)

Image: Graph showing the value of crops in Australia by state

Livestock and livestock products

The gross value of livestock and livestock products rose by 4 per cent to $31 billion, following increases in livestock slaughter and disposals in response to drought conditions.

Key livestock results for 2018-19:
  • $13 billion for cattle and calves (up 7%)
  • $4 billion for sheep and lambs (up 5%)
  • $1 billion for pigs (up 7%)
  • $10 billion for livestock products such as wool, milk and eggs

Image: Graph showing the value of livestock and livestock products in Australia since 2010-11

Drought, bushfires and Coronavirus (COVID-19)

Impacts of drought are evident in agricultural activity estimates for the 2018-19 reference year across a number of the ABS' agricultural collections, including Value of Australian Commodities Produced. Many farming areas across Australia experienced drought throughout 2019, with New South Wales and Queensland particularly impacted.

There are no impacts in the 2018-19 estimates from more recent events including the COVID-19 pandemic, and from bushfire activity in New South Wales, Victoria and the Australian Capital Territory in late 2019 and early 2020. The ABS is continuing to monitor potential impacts from natural disasters and COVID-19 across its agricultural collections for the 2019-20 reference year and beyond. For more information on the expected economic impacts of the Bushfire and COVID-19, please see the ABS Chief Economist Series paper Measuring natural disasters in the Australian economy.

New ABS Website

The ABS will be launching a new website in 2020. You will soon be able to see how this release will appear on the new website by exploring our Beta site. Regular users of this information are encouraged to explore the Beta site and consider if this will affect the way you access and consume ABS data and information. If you would like more information on the new ABS website, or want to discuss how the transition to the new site might impact you, please email newABSwebsite@abs.gov.au