Tony’s Tractors

Tractors, Farm Machinery and Agribusiness

abare.gov.au

Filed under: News — Australian Government Media Releases [Agriculture, Fisheries and Forestry Portfolio] at 10:00 am on Tuesday, March 2, 2010

A projected increase in farm export earnings over the next few years will be supported by recovering world economic growth and is under the assumption of favourable seasonal conditions in Australia. ‘This forecast increase mainly reflects an expected rise in mineral resources exports by 19 per cent to $154 billion in 2010-11,’ Mr Glyde said. ‘By 2014-15, the value of Australian commodity exports is projected to increase by 30 per cent to $211 billion in 2009-10 dollars, with earnings from mineral resources exports reaching $175 billion in real terms.’.

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