date:Dec 12, 2013
decline of 4.2 per cent in 2012-13.
Reflecting mainly the impact of lower world prices for grains and oilseeds, the value of crop exports is forecast to decline by 7.4 per cent in 201314 to around A$21.3 billion.
During this financial year, farm production is forecast to rise by 2.9 per cent, crop production is forecast to rise by 3.9 per cent and livestock production is forecast to increase by 1.6 per cent.
The gross value of farm production is forecast to increase by 6.3 per cent to A$50.9