Grain Resurgence Drives Australian Farm Production Up

Grain Resurgence Drives Australian Farm Production Up
This photo taken shows a farmer herding sheep near the rural city of Tamworth, Australia, on May 4, 2020. Peter Parks/AFP via Getty Images
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Farmers recovering from drought are expected to edge Australia’s agriculture production higher amid the coronavirus-induced global recession.

Higher rainfall is predicted to push total production to $61 billion in 2020/21 driven by a strong rebound in grain production, which is forecast to rise 15 percent.