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Australia’s Farms Face Tough Harvest
Description
Australia’s farming sector braces for a tough year ahead as ABARES forecasts a 21% drop in winter crop production, driven by drought and soaring input costs. While overall output falls just 5%, export value could plummet by $7 billion, with NSW and Queensland hit hardest. Farmers cope with late rain and rising fuel/fertilizer prices, focusing on mental resilience and small victories. Bright spots emerge in WA and SA, where better rainfall supports crops, and barley plantings rise as a cost-effective alternative to wheat.
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