Bad weather set to wipe billions off value of Australian crops

Bad weather set to wipe billions off value of Australian crops

Written by Natasha May in Gilgandra from the Guardian

Quality of winter harvests being downgraded due to ‘untimely rain’ and rising flood waters

Bad weather across the country is downgrading the quality of one of the largest forecasted winter crops on record.

Favourable seasonal conditions led the Australian Bureau of Agricultural and Resource Economics and Sciences’ (ABARES) to predict in September that total agricultural production would surpass the $70bn mark for the first time, but experts say Australian crops could lose billions in value due to weather.

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