Queensland AgTrends includes the latest economic forecasts and trends in Queensland agricultural, fisheries and forestry production.
The report provides gross value of production forecasts for each of Queensland's major primary industry commodities, as well as forecasts for first-round processing activities, and is published twice a year.
The latest edition also contains a special report on the impacts of COVID-19 to the sector.
The value of the sector remains strong despite disruption for COVID-19 and the ongoing drought.
In 2019–20, the total value of Queensland’s primary industry commodities is forecast to be $16.99 billion, 5 per cent less than the previous estimate and 11% less than the five year average.
The GVP at the farm gate is forecast to be nearly 13.23 billion, 6 per cent less than in 2018–19 and 12 per cent less than the five-year average.
In the final two quarters of 2019–20 COVID-19 has had a significant impact on production accounting for a decrease of $275 million.