The latest Government figures show agricultural exports reaching a record $64.9 billion in 2022-23, but National Farmers’ Federation President Fiona Simson says these positive numbers conceal the “cost of farming” crunch impacting farmers and consumers.
ABARES’ latest Agricultural Commodities Report predicts the industry’s gross value will tip past $80 billion for a second consecutive year on the back of favourable weather conditions and “very high” world food prices, but Ms Simson said these figures don’t paint the full picture.