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AAP
AAP
Business
Liv Casben

Agricultural exports to exceed $70 billon

Cotton exports are forecast to become Australia's third most valuable export commodity. (Dave Hunt/AAP PHOTOS) (AAP)

Australian agriculture continues to break new ground, with export earnings expected to be the highest on record while production will be worth $81.8 billion next year despite slowing global growth.

The outlook for 2022 and 2023 from the Australian bureau of agricultural and resource economics and sciences finds exports will climb to a record $70.3 billion, almost 50 per cent more than a decade ago.

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