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Farm profits to dive by 70 per cent as drought and costs bite

The ABARES report for the June quarter predicts national crop production will fall by more than 20 per cent, with profits down 70 per cent for broadacre farms.

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abc.net.au

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abc.net.auStai leggendo19 h fa

Farm profits to dive by 70 per cent as drought and costs bite

The ABARES report for the June quarter predicts national crop production will fall by more than 20 per cent, with profits down 70 per cent for broadacre farms.

originale

france24.com20 h fa

Australia says wheat crop set to plunge

Australia's wheat harvest forecast to decline 26% to 26.7 million tonnes due to drought and lower profitability versus other crops. Middle East conflict and fertiliser shortages escalate input costs, signalling sustained inflation risks across global supply chains.

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Timeline cronologica

martedì 2 giugno 2026·france24.com
Australia says wheat crop set to plunge
Australia's wheat crop is set to fall by more than a quarter this season, a government report said Tuesday, as farmers face dry conditions and a surge in fuel and fertiliser…
martedì 2 giugno 2026·abc.net.au
Farm profits to dive by 70 per cent as drought and costs bite
The ABARES report for the June quarter predicts national crop production will fall by more than 20 per cent, with profits down 70 per cent for broadacre farms.