Oz agri­cul­tural sec­tor shines

China Daily (Hong Kong) - - BUSINESS -

The over­all value of Aus­tralia’s agri­cul­tural pro­duc­tion soared to new heights in 2015-16, with fig­ures re­leased by the Aus­tralian Bu­reau of Sta­tis­tics on Fri­day show­ing the in­dus­try to be worth A$56 bil­lion ($42.5 bil­lion). In a state­ment ac­com­pa­ny­ing Fri­day’s sta­tis­tics, ABS Di­rec­tor of En­vi­ron­ment and Agri­cul­ture Sta­tis­tics Lau­ren Binns said that while in some in­stances, in­clud­ing in the beef mar­ket, there were fewer an­i­mals head­ing to the sales, the value of the meat had in­creased, push­ing up the in­dus­try’s pro­duc­tion value. She said strong value growth in the live­stock sec­tor pushed the record growth in the over­all agri­cul­tural field.

Newspapers in English

Newspapers from China

© PressReader. All rights reserved.