Australian farming exports languish

15 December 1999



Australian farming exports languish

AUSTRALIAS commodity exports are expected a hit a record high in 1999/2000, but its agricultural exports will be static, according to the Australian Bureau of Agricultural and Resource Economics (ABARE).

ABARE blamed rising supply for its forecast that agricultural commodity prices will be lower, except for wool, beef and pork.

Grains, oilseeds, sugar, cotton, dairy products and wine grapes are all expected to be lower in 1999/2000.

• Outlook poor for Australian commodities, FWi, 16 June, 1999
• Dairy exports from Australia reach record levels, FWi, 30 March, 1999
• Australias wool industry in trouble, FWi, 04 March, 1999
  
• Financial Times 15/12/99 page 42