ABARES says value of production to hit record $66 billion as farmers have their best year yet Posted MonMonday 1 updated TueTuesday 2 MarMarch 2021 at 12:31am Space to play or pause, M to mute, left and right arrows to seek, up and down arrows for volume. Watch 2 Share Print text only Cancel Australia's agriculture sector is booming, with farmers expected to reap a record $66 billion for their produce this year despite trade tensions with China and the global pandemic. Key points: Improved weather conditions and a huge grain crop have driven the growth Average farm incomes are up 18 per cent, to $184,000 per farm