date:Sep 21, 2012
imated in 2011-2012. Export prices for livestock and livestock products are also forecast to be generally weaker and the impact this could have on export earnings is expected to be mostly offset by an increase in export shipments.
Export earnings from farm commodities are also forecast to increase in the next year and ABARES said wheat will rise by 15%, rice by 6%, grain sorghum 19%, wine 1% and sheep meat by 3%.
Forest and fisheries products are also forecast to rise by 5.2% and 4.6% to AU$2.