Latest news with #AustralianBureauofAgriculturalandResourceEconomicsandSciences
Fibre2Fashion
8 hours ago
- Business
- Fibre2Fashion
Australia's cotton lint production up estimated 12% in FY25: ABARES
Production of cotton lint in Australia is estimated to have increased by 12 per cent to 1.2 million tonnes in fiscal 2024-25 (July-June), reflecting higher area planted and near-record yields, according to the June 2025 edition of the quarterly Australian Crop Report compiled by the Australian Bureau of Agricultural and Resource Economics and Sciences (ABARES). Area planted under cotton is estimated to have risen by 10 per cent to 519,000 hectares in FY25 to sit 30 per cent above the 10-year average to FY24. The increase in planted area largely reflects increases in Queensland province. High water availability and above average rainfall across much of eastern Australia have supported above average yields, with the production estimate sitting 54 per cent above the 10-year average to FY24. Australia's cotton lint production is estimated to have risen by 12 per cent to 1.2 million tonnes in FY25, reflecting higher area planted and near-record yields. Area planted under cotton is estimated to have risen by 10 per cent to 519,000 hectares in FY25 to sit 30 per cent above the 10-year average to FY24. The rise in planted area largely reflects increases in Queensland province. In particular, cotton yields in summer crop production in Queensland are estimated to be the second highest on record, despite heavy rainfall causing some localised yield and quality downgrades. Area planted under cotton is estimated to have increased due to improved water availability and above average spring rainfall. Cotton lint production in Queensland is estimated to have risen by 40 per cent to 410,000 tonnes in FY25, driven by an increase in planted area and higher yields. Area planted under cotton is estimated to have risen by 33 per cent to 162,000 hectares in Queensland in FY25, as favourable spring rainfall allowed for timely planting in dryland growing regions while improved water availability supported higher irrigated cotton planting. Yields are estimated to have risen in FY25 and remain above the 10-year average to FY24. Cotton lint production in New South Wales is estimated to have been relatively unchanged at 782,000 tonnes in FY25, 51 per cent above the 10-year average to FY24. Area planted under cotton in the province is estimated at 336,000 hectares, largely unchanged but 30 per cent above the 10-year average to FY24. Irrigated cotton production in the province was supported by above average water availability across key growing regions, while dryland cotton production was boosted by favourable soil moisture and timely rainfall during the planting and growing seasons. Fibre2Fashion News Desk (DS)
West Australian
5 days ago
- Business
- West Australian
National agricultural value expected to decline by $2.6 billion in 2025-2026
Low crop and livestock production volumes are expected to cut Australia's agricultural production value by $2.6 billion in 2025-2026. The Australian Bureau of Agricultural and Resource Economics and Sciences June quarter 2025 report revealed the gross value of agriculture is predicted to fall by 2.8 per cent to $90.7 billion. Australian crop production values were expected to fall by $2.1 billion, and livestock production was expected to decline by $0.5 billion as a result falling production values and volumes. Despite the forecasted fall, the total value of $71.7 billion for 2025-2026 was expected to be the third highest recorded export values. Southern WA's winter cropping season has had a strong start as a result of favourable weather conditions, according to ABARES executive director Dr Jared Greenville. He said other regions, including WA's northern cropping region, were highly dependent on rainfall 'especially where there is a total lack of soil moisture'. 'The rainfall outlook for these regions is currently positive, which is embedded in our current forecasts. but if not realised creates a downside risk to national production figures,' Dr Greenville said. 'Despite the risks, the overall seasonal outlook is positive but is expected to lead to lower production than last year. 'Nationally, an expected fall in crop production in 2025-26 will lead to a $2.1 billion fall in crop value and $0.5 billion reduction in livestock and livestock product values.' The report said the United States remained an important market for beef and other meat products, which makes up almost one-third of total Australian meat exports, with trade expected to remain 'robust' despite trade uncertainty. Dr Greenville said grain export volumes were expected to be resilient despite uncertainty around global trade policies. 'Australian agricultural exports are expected to be supported by tightening global grain stocks, demand for Australian red meat and a relatively low Australian dollar,' he said. Broadacre farming is expected to fall by $28,000 from $169,000 to $141,000.
