M:
Research
H2/25 Rural New South Wales
The Big Picture Agricultural production is set to climb by 0.7%, as gross value is forecast to reach $94.72 billion in FY26, with livestock 2.7% higher and crops 0.7% lower.
Enhanced soil moisture levels, resulting from average to above-average winter rainfall, are underpinning crop yields and strengthening livestock prices across key growing regions.
The value of agricultural exports is forecast to decline by 2.5%, falling to $74.63 billion due to reduced overall livestock export volumes.
Rural property sales across NSW trended 33% higher in 2024, though still 58% lower than five years ago.
Farm business profitability is set to improve, with average earnings rising to $163,000 given favourable weather and stronger livestock markets.
Broadacre farmland prices have annually averaged 9.2% growth over the past five years in NSW, to stand at $9,547/hectare at the end of 2024.