Australian Agriculture Production to Reach Record Highs in 2022-2023

Australian Agriculture Production to Reach Record Highs in 2022-2023
A photo taken shows a field of wheat being harvested on a farm near Inverleigh, Australia, on Jan. 12, 2021. William West/AFP via Getty Images
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The Australian agriculture sector is anticipated to produce $80.4 billion (US$57.9 billion) worth of products in the 2022-2023 financial year, the second-largest amount ever recorded.

This forecast comes even though producers are grappling with labour shortages and ballooning input costs, with world fertiliser prices hitting the highest levels since 2008.

Alfred Bui
Alfred Bui
Author
Alfred Bui is an Australian reporter based in Melbourne and focuses on local and business news. He is a former small business owner and has two master’s degrees in business and business law. Contact him at [email protected].
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