Wednesday, 29 September 2021 10:55

Oz farmers set $100b target

Written by  Staff Reporters
National Farmers Federation president Fiona Simson. National Farmers Federation president Fiona Simson.

Australian agriculture is edging closer to the farmer-led goal of A$100-billion by 2030.

National Farmers Federation (NFF) says phenomenal growth is set to see the farm sector tally A$73 billion in 2021-2022, up from A$66 billion last financial year.

The latest data from the Australian Bureau of Agriculture, Resource Economics & Sciences (ABARES) paints a glorious picture underpinned by almost perfect seasonal conditions across many parts of the nation.

"Today's data puts a spring in farmers' step and is confirmation that the sector is stronger and more prosperous than ever," NFF president Fiona Simson said.

A bumper winter grain crop is the pillar of the forecast with this year's harvest set to contribute A$30 billion alone to total farm gate returns.

Red meat prices go from strength to strength with low national herd numbers and strong global demand for protein. Markets for wool and cotton remain strong.

Australian fruit and vegetables will also contribute more than their fair share, adding A$12 billion to ABARES' forecast A$73 billion total.

Simson said the good result was about more than good luck and rainfall.

"Australian farmers are the most innovative in the world, committed to continuous improvement and to finding new ways to grow smarter, more efficiently and more sustainably.

"The NFF's 2030 Roadmap outlines the plans needed to lift agriculture to a A$100 billion industry. Progress on key areas within the plan has already been achieved.

"Last month, the Government answered NFF's call for a dedicated Agriculture Visa as part of the solution to farmers' workforce woes."

Simson says the NFF is working closely with the Government to establish a framework that rewards farmers for their role in managing more than 51% of Australia's landscape.

"Earlier this year, the farm sector welcomed A$400 million in Federal Government funding for an expanded and modernised biosecurity system to maintain and grow international market access and to protect our industry from introduced pests and diseases," Simson said.

In addition to a lack of access to farm workers, the ABARES report identifies trade challenges, increased international freight costs and the ongoing mouse plague as speed humps, but ones that were unlikely to take the shine off what should be an unprecedented positive result for farmers.

More like this

Victoria dairy sector leads the nation

A new report has revealed that in 2020-21 Victorian farmers experienced the best financial returns in more than six years as the sector continues to innovate and excel.

Farmer confidence riding high in Oz

With farmer confidence and consumer optimism high, much of Australia’s dairy industry has been riding on a wave of positivity over the past few months, according to Dairy Australia’s June 2021 Situation and Outlook report.

Aussie FTA leaves NZ meat sector envious

New Zealand's meat sector will be hoping to benefit from a yet-to-be-signed Free Trade Agreement (FTA) that its Australian counterparts are about to enter into with the UK.

National

MIQ still a barrier

Dairy farmers can now apply to recruit much needed overseas farm assistants and herd managers.

Next step in governance

A partnership between Dairy Women’s Network (DWN) and Agricultural and Marketing Research and Development Trust (AGMARDT) has led to the…

Kill the cull cows now

If you're thinking about whether you should cull a few cows, err on the side of caution by doing it…

Machinery & Products

Solution for rowdy cattle

Having walked away with a Fieldays Innovation Award and a useful cheque back in June, Springarm Products has recently signed…

Next generation swathers

Claas' latest generation of seven, dual-rotor central LINER swathers are said to offer numerous innovative features and functions to ensure…

Below ground fert server

Bavarian fertiliser spreader manufacturer Rauch is testing a prototype unit for depositing fertiliser in row crops to depths of 10…

Press screw separator

Probably best known for its chopping units that form an integral part of many manufacturers’ umbilical effluent spreading and injection…

Hydrogen power to cut emissions

While the automobile industry heads full tilt down the electrification route, heavier industries such as trucking and construction appear to…

» The RNG Weather Report

» Latest Print Issues Online

Milking It

Forrest moves into milk

OPINION: Australia's richest man Andrew Forrest has quietly bought a 6.6% stake in one of the country's biggest milk processors,…

The wait continues

OPINION: The wait continues for farmers and contractors looking forward to welcoming overseas workers in the coming weeks.

» Connect with Dairy News

» eNewsletter

Subscribe to our weekly newsletter