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Wed Dec 18

New study: changes in climate since 2000 have cut Australian farm profits 22%

Written by Neal Hughes, Senior Economist, Australian Bureau of Agricultural and Resource Economics and Sciences (ABARES)

The Australian Bureau of Agricultural and Resource Economics and Sciences farmpredict model finds that changes in climate conditions since 2000 have cut farm profits by 22% overall, and by 35% for cropping farms..ABARES/Shutterstock

The current drought across much of eastern Australia has demonstrated the dramatic effects climate variability can...

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