Farmers have beaten the odds to lift NSW’s agricultural production to its third highest level in history, according to a new report released by the state government.
Despite challenging seasonal conditions during the first half of the year, NSW’s agricultural sector recorded a gross value of production of just over $20 billion in 2023-24, with the state’s agricultural exports reaching $11 billion in value over the twelve-month period.
NSW Farmers President Xavier Martin said it was pleasing to see the sector was well on its way to achieving its goal of being a $30 billion dollar industry by 2030, in spite of the challenges it continues to face.
“Dry seasonal conditions inland and livestock prices presented a real challenge over summer for many farmers, but despite all odds our sector remained a force to be reckoned with on the global stage,” Mr Martin said.
“In 2023-24, livestock and cotton exports reached new record highs, and the gross value of production for farmed oysters grew six per cent to $52 million – its highest level in history.
“Every single day, our farmers have stepped up to the plate to keep clothes on our backs and food on our forks, no matter what, and these numbers tell that story.”
While the sector still faced many challenges, Mr Martin said the opportunities and potential of the NSW agriculture sector were plentiful.
“Many farmers in the south have faced dry conditions and frost this year, while those in the north of the state, some experiencing flooding, are on the front line of major biosecurity threats like cattle ticks and fire ants,” Mr Martin said.
“High input costs are also challenging farmers across NSW, yet they continue to take great leaps and strides in securing our food security for generations to come.
“With their knowledge, resilience and stewardship for our landscape, Australians can rest assured our farmers will continue to grow the healthy plants and animals that feed not just our nation, but also the world.”