AUSTRALIA: Farm incomes rise across the board, says new survey
Several primary farming sectors in Australia are expected to do well in 2001, according to the latest survey by the Australian Bureau of Agricultural & Resource Economics . Generally farm incomes have increased by 10%, amounting to 5.5 % or A$32bn.in gross value terms, a figure particularly boosted by the gains in cash incomes for producers of wool, beef and grain. During 2001 the price of wool has increased by 20% and beef by 9%, incomes reaching their highest level since 1989 and 1983, respectively.
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