Value of agricultural products in 2017-18
In 2017-18 the gross value for Australian agriculture fell by 3% to $59 billion.
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%)
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%)