• Assuming average seasonal conditions will prevail in 2004-05,farm production is forecast to increase by 1 per cent in 2004-05, following an estimated 17 per cent rise in 2003-04. • While total crop production is forecast to increase by 2 per cent in 2004-05, the rebuilding of herd and flocks from the 2002-03 drought is expected to lead to a decline in the number of cattle and adult sheep slaughtered. • Lower prices on international markets and continued herd and flock rebuilding are forecast to contribute to a fall of 16 per cent in the net value of farm production to $5.0 billion in 2004-05. © Commonwealth of Australia 2004.

Item Type:	Refereed Article
Keywords:	agricultural market; commodity price; crop production; export; forecasting method; Australasia; Australia; Bos taurus; Ovis aries
Research Division:	Agricultural, Veterinary and Food Sciences
Research Group:	Other agricultural, veterinary and food sciences
Research Field:	Other agricultural, veterinary and food sciences not elsewhere classified
Objective Division:	Plant Production and Plant Primary Products
Objective Group:	Industrial crops
Objective Field:	Industrial crops not elsewhere classified
UTAS Author:	Nelson, R (Associate Professor Rohan Nelson)
ID Code:	84755
Year Published:	2004
Deposited By:	Tasmanian Institute of Agriculture
Deposited On:	2013-05-30
Last Modified:	2013-05-30
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