ABC News – Australia ·australia ·1 hour ago

Farm profits to dive by 70 per cent as drought and costs

ABARES report predicts broadacre farm profits will drop by 70 per cent Topic: Agricultural Crops Topic: Agricultural Crops Tue 2 Jun 2026 at 11:55am The winter wheat crop is forecast to drop 12 per cent as farmers struggle with high input costs as well as drought in some states.

Summary by Glance · ABC News – Australia

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