7503.0 - Value of Agricultural Commodities Produced, Australia, 2017-18 Quality Declaration 
Latest ISSUE Released at 11:30 AM (CANBERRA TIME) 30/04/2019   
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Value of agricultural products in 2017-18

In 2017-18 the gross value for Australian agriculture fell by 3% to $59 billion.

Crops

The value of broadacre crop production fell in 2017-18 as production returned to more regular levels. Horticultural crops had a mixed season.

The total gross value of crops fell 11% to $29.3 billion in 2017-18. Of this value:

  • $6.0 billion was fruit, nuts and grapes (up 4%)
  • $5.7 billion was wheat (down 23%)
  • $4.1 billion was vegetables (up 5%)
  • $2.5 billion was cotton (up 49%)
  • $2.3 billion was barley (down 14%)
  • $2.1 billion was canola (down 13%)
Image: Change in value of crops over past five years (grapes, nurseries, hay, vegetables, fruits and nuts and broadacre crops)

Livestock and livestock products

The gross value of livestock remained steady in 2017-18. A large increase in the value of sheep and lambs almost offset falls in value for all other livestock categories.

Livestock and livestock products were valued at $29.6 billion. Of this value:
  • $12.0 billion was cattle and calves (down 1%)
  • $4.0 billion was sheep and lambs (up 11%)
  • $1.1 billion were pigs (down 15%)
  • $9.6 billion were livestock products such as wool, milk and eggs (up 20%)

Image: Graph showing the change in value of livestock over the past five years, divided by cattle and calves, sheep and lambs, pigs, poultry and other