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AAP
AAP
Liv Casben

FOUND: Farm incomes to tumble as drier conditions take hold | Mind Blowing Facts

Broadacre farm incomes are expected to fall by 41 per cent in 2023/24 after two record years. (Richard Wainwright/AAP PHOTOS)

Drier conditions combined with lower prices will see farm incomes tumble this financial year, according to the nation's agricultural forecaster.

The Australian Bureau of Agricultural and Resource Economics and Sciences is forecasting broadacre farm incomes will fall by 41 per cent in 2023/24 after two record years.

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