# ABARES Outlook: Value of Australia's agriculture sector to peak after three years of strong growth - ABC News

> ABARES expects Australia's gross agricultural production value to hit a record $63.8 billion in 2016-17 before easing. Livestock values are down 2.6% as graziers restock, and farm exports are forecast at a record $48.7 billion.

- Date: 2017-03-06 · published 2017-03-06T12:00:00.000Z
- Category: report · region Australia · magnitude low
- Page: https://feedsoft.ai/events/71945-abares-outlook-value-of-australia-s-agriculture-sector-to-peak-after-three
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Barley](https://feedsoft.ai/c/BARLEY.md)

## Why it matters

The outlook highlights record Australian crop exports and flags China slowdown and policy risks, which bear on global feed grain demand.

## Read by commodity

- WHEAT: bearish ▼
- BARLEY: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2022-02-28 | [ABARES forecasts value of Australian agriculture to hit $81b in 2021-22, a new record - ABC News](https://feedsoft.ai/events/42662-abares-forecasts-value-of-australian-agriculture-to-hit-81b-in-2021-22-a-new.md) | +12.1% | +26.0% |
| WHEAT | 2025-12-15 | [Australia’s Grain Sector Finishes the Year Strong \| Cargill Australia](https://feedsoft.ai/events/21473-australia-s-grain-sector-finishes-the-year-strong-cargill-australia.md) | -0.3% | +0.4% |
| WHEAT | 2018-04-09 | [Steady growth forecast for Australian food commodities, ABARES \| Australian Food News](https://feedsoft.ai/events/65461-steady-growth-forecast-for-australian-food-commodities-abares-australian-food.md) | -0.6% | +6.3% |
| WHEAT | 2019-06-11 | [Australia's winter crop forecast to jump 20 per cent says national forecaster ABARES - ABC News](https://feedsoft.ai/events/58544-australia-s-winter-crop-forecast-to-jump-20-per-cent-says-national-forecaster.md) | -4.7% | -8.3% |
| WHEAT | 2024-11-20 | [Analysis of Australia's Grain and Feed Outlook for 2024/2025 \| Paradigm Futures](https://feedsoft.ai/events/27363-analysis-of-australia-s-grain-and-feed-outlook-for-2024-2025-paradigm-futures.md) | -0.0% | +0.4% |

## Sources

- abc.net.au: https://www.abc.net.au/news/rural/2017-03-07/abares-wrap-2017/8328922

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