M:
Research
H2/25 Rural Queensland
The Big Picture In FY26, agricultural output is anticipated to grow by 0.7%, with the sector’s gross value forecast to reach $94.72 billion. Growth is underpinned by a 2.7% uplift in livestock production, offset by a 0.7% fall in crop yields. Agricultural export earnings are forecast to decrease by 2.5% to reach $74.63 billion, driven by reduced volumes. Farm business profitability is expected to strengthen, with average earnings projected to rise to $163,000, supported by favourable weather conditions and improved livestock market performance.
Improved soil moisture from average to above-average winter rainfall is supporting crop yields and boosting livestock prices across key agricultural regions. Rural property sales across Queensland trended 7% lower in 2024, which was 14% below five years ago. Rural Queensland made up 27.7% of all national rural sales, the second largest share behind Victoria. Broadacre farmland prices have annually averaged 11.4% growth over the past five years in Queensland, to stand at $7,219/hectare at the end of 2024.