There's no doubt that 2021 has been a generally excellent year for farming. Seasons have been kind, resulting in a potentially record winter crop which has combined with healthy grain prices to substantially boost the value of agriculture.
Livestock price indicators are also at record levels for many classes of sheep and cattle.
The farm sector's strong progress this year has been confirmed by peak body, the National Farmers' Federation (NFF) in its annual industry snapshot.
NFF President Fiona Simson said farmers had overcome numerous challenges to post another record-breaking year.
"Official forecasts have us on track to exceed $78 billion in farm production for the first time this financial year," Simson said.
"This is despite the disruptions and setbacks of COVID-19, labour shortages, and a mouse plague in eastern Australia.
"This shows us that the drivers which underpin our growth are solid. Farming is a sustainable, long term growth opportunity for Australia that we must continue to seize."
The NFF's annual 2030 Roadmap Report Card captures progress by industry and governments against the sector's 2030 goals. This year's report card has found that in addition to the year's financial result, the sector has also taken steps to position itself for the future.
"Three years into delivering the 2030 Roadmap, we're starting to see the tangible benefits of having industry and governments behind a shared vision for the future.
"Areas such as recognising and rewarding environmental services, accessing new markets and better connecting with the community have all seen positive progress this year," Simson said.
Read the NFF's report card here: https://bit.ly/3pjzDbq
Today we will publish the last edition of Farming Ahead's electronic newsletter for 2021 - returning on 7 January, 2022.