Drought has seen the value of farm production fall by four percent, to $59 billion.

The national commodities forecaster found cash incomes for about 50 percent of grain growers will be lower for the current financial year.

While dairy farmers saw their incomes down by 44 percent.

Rural reporter Eddie Summerfield caught up with ABARES Chief Commodity Analyst Peter Gooday.

Drought has seen the value of farm production fall by four percent, to $59 billion.
The national commodities forecaster found cash incomes for about 50 percent of grain growers will be lower for the current financial year.
While dairy farmers saw their incomes down by 44 percent.
Rural reporter Eddie Summerfield caught up with ABARES Chief Commodity Analyst Peter Gooday.

The Rural News

The Rural News is market leader, dealing exclusively with stories of interest to the farming sector and has the support of Australia’s largest media business and international correspondents.

The Rural News is market leader, dealing exclusively with stories of interest to the farming sector and has the support of Australia&rsquo;s largest media business and international correspondents.

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