Value of agricultural products up 2%

CATTLE and pigs are up, sheep down and chickens static.

New figures from the Australian Bureau of Statistics show the value of products created by the agricultural industry increased on average by about 2% in the past financial year.

It was not the meat industry doing the heavy lifting, as the most impressive gains came from rice which increased by 46%, canola by 32% and cotton by 20%.

The value of apples fell by 29% and hay by 15%.

However, astonishing leaps in value were from a lower base - rice is worth $254 million compared to beef's $7.8 billion.

ABS agriculture statistics director Helen Baird said Australia's crops were now worth $20 billion or 6% more than the year before.

"The value of Australia's main crop, wheat, increased by 7% to $7.5billion," she said.



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