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What is the forecast for average broadacre farm cash incomes in 2023–24?
What is the forecast for average broadacre farm cash incomes in 2023–24?
- To fall strongly (correct)
- To double from the previous year
- To increase due to higher production values
- To remain stable from the previous year
Why are crop production volumes forecasted to fall in 2023–24?
Why are crop production volumes forecasted to fall in 2023–24?
- Due to higher crop yields
- Due to increased soil moisture levels
- Due to an increase in global crop prices
- Due to expected drier conditions (correct)
What led to the small upwards revision in crop production values for 2023–24?
What led to the small upwards revision in crop production values for 2023–24?
- Slightly better than expected prices in recent months (correct)
- Significantly better than expected prices for livestock
- A decrease in input costs for farms
- An increase in global crop prices
How have recent price data affected livestock values for 2023–24?
How have recent price data affected livestock values for 2023–24?
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Why are domestic crop prices expected to fall in 2023–24?
Why are domestic crop prices expected to fall in 2023–24?
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What is the expected change in the gross value of crop production for 2023–24?
What is the expected change in the gross value of crop production for 2023–24?
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