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AAP

Business

Fraser Barton

Record forecast set for Australian production

Australia Julie Collins

Livestock production is set to reach $41.6 billion in 2025/25, according to a quarterly report. (Mick Tsikas/AAP PHOTOS)

Soaring livestock prices are set to push Australia's agriculture, fisheries and forestry production to record heights, eclipsing $100 billion.

Drought conditions in Australia have affected livestock supply, with the federal government's commodities forecaster revealing there had been increased demand and high prices.

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