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Farm incomes forecast to drop

Peter Bannan

AFTER two record years, broadacre farm incomes are forecast to fall significantly in 2023-24 due to drier conditions and lower prices for agricultural commodities, especially livestock. ABARES executive director Dr Jared Greenville said that, at a national level, average farm cash income for broadacre farms was expected to decrease by 41 per cent to $197,000 […]

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