# ABARES report highlights Australia’s growing production value - DAFF

> ABARES forecasts the gross value of Australian agricultural production to rise to $86.2 billion in 2024-25 from $82.5 billion in 2023-24. Export value is forecast at $68.5 billion, slightly lower because of reduced carry-over grain stocks.

- Date: 2024-09-02 · published 2024-09-02T12:00:00.000Z
- Category: report · region Australia · magnitude low
- Page: https://feedsoft.ai/events/28280-abares-report-highlights-australia-s-growing-production-value-daff
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Barley](https://feedsoft.ai/c/BARLEY.md)

## Why it matters

The figures describe farm income and export value rather than volumes or prices, so the direct effect on feed commodity prices is limited.

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2021-12-06 | [Ag production value, volume soar to historic heights: ABARES - Grain Central](https://feedsoft.ai/events/43531-ag-production-value-volume-soar-to-historic-heights-abares-grain-central.md) | -0.7% | -3.5% |
| WHEAT | 2023-09-05 | [Australia's ABARES releases September Production Estimates](https://feedsoft.ai/events/34066-australia-s-abares-releases-september-production-estimates.md) | +2.1% | -4.1% |
| WHEAT | 2026-03-02 | [Australia’s winter crop production revised higher \| World Grain](https://feedsoft.ai/events/20123-australia-s-winter-crop-production-revised-higher-world-grain.md) | +1.6% | +0.1% |
| WHEAT | 2018-09-18 | [Farm production value remains stable despite drought: ABARES - Grain Central](https://feedsoft.ai/events/62989-farm-production-value-remains-stable-despite-drought-abares-grain-central.md) | +1.0% | +8.7% |
| WHEAT | 2024-09-03 | [Australian production estimates rising: ABARES - MarketsFarm](https://feedsoft.ai/events/28284-australian-production-estimates-rising-abares-marketsfarm.md) | +1.6% | +11.6% |

## Sources

- agriculture.gov.au: https://www.agriculture.gov.au/about/news/abares-report-highlights-growing-production-value

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.