London, 21 September 2010

Australia’s commodity export earnings are forecast to reach a record high in 2010–11, according to Australian commodities–September quarter 2010, released by ABARE–BRS today.

“Export earnings from the farm and minerals and energy sectors are expected to reach a record of $215 billion in 2010–11” said Paul Morris, ABARE–BRS’s Deputy Executive Director.

This forecast of commodity export earnings in 2010–11 represents an increase of 26 per cent from the $171 billion in 2009–10, and an upward revision from the forecast released in June.

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