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Farm exports forecast to rise despite global downturn

Posted on 04 March 2009

From mineweb.net: Farm export earnings are forecast to rise in 2008-09 and 2009-10, despite the global financial crisis. This and other commodity projections out to 2013-14 are contained in the March issue of Australian commodities released today by Phillip Glyde, Executive Director, ABARE.

“A substantial increase in crop production combined with a significant depreciation of the Australian dollar is expected to support farm export earnings in the short term,” Mr Glyde said….. Full Article: Source


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