Commodity Prices YoY in Australia decreased by 8.70 percent in June from -9.40 percent in May of 2025. This dataset includes a chart with historical data for Australia Commodity Prices YoY.

Beef and veal were Australia’s leading agricultural export products, at a value of **** billion Australian dollars in the financial year 2024. Australia is also a popular exporter of wheat, the export value of which equaled **** billion Australian dollars in the same year. Beef as a major agricultural export In terms of domestic production, Queensland was the largest beef-producing state, with production of both grass and grain-fed beef common. Surprisingly, the forecasted per capita consumption of beef in Australia was expected to decrease over the next few years. While local demand may drop, the global meat demand will likely more than compensate for the difference. In fact, Australia already exports the majority of the meat it produces. The primary export markets for beef include the United States, China, and Japan.Future challenges With Australia looking set to establish itself as an even bigger contributor to the global market, adoption of new technologies will be important to ensure production can keep up with demand. Challenges revolve around having a large enough semi-skilled workforce, accurately forecasting yield and harvest timings, and reliance on seasonal workers. Agriculture technology, or AgriTech, may hold the solutions. Globally, the value of smart farming looks set to expand to a multi-billion-dollar market. Australia may need to quicken the pace of AgriTech adoption to stay competitive in this market.

Iron Ore rose to 97.84 USD/T on July 21, 2025, up 0.64% from the previous day. Over the past month, Iron Ore's price has risen 3.26%, but it is still 9.54% lower than a year ago, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Iron Ore - values, historical data, forecasts and news - updated on July of 2025.

In Australia Agricultural Commodity Market , was valued at approximately USD 10.11 billion in 2022 and is projected to reach USD 12.45 billion by 2029,

One of the leading economic industries in Australia, coal mining has contributed significantly to the local economy. In 2024, the price of Australian coal was around 136 U.S. dollars per metric ton. Coal market The contribution of the coal mining industry to Australia’s economy was valued in the billions of Australian dollars. Coal consumption is much lower than production in Australia, so most of the mined coal is exported. In fact, Australia exports the most coal by value out of any other country, with major export partners including China and India. Australia’s reliance on its mining exports may lead to potential problems, particularly if long-term demand drops due to emerging alternative fuel sources, climate action, and increased competition from other coal producing countries. The effect on the tens of thousands of Australian workers in the mining industry may have already been felt, with lower employment numbers recorded recently. Environmental impact Of late, the fugitive emissions from coal mining have come under fire due to their contribution to environmental pollution. In Australia, emissions from underground coal mines were projected to total 19 million metric tons of carbon dioxide equivalent by 2030. With a global focus on reducing air pollution and mitigating climate effects, the future of mining in Australia may not be as certain as it once was.

Coal rose to 110.10 USD/T on July 22, 2025, up 0.23% from the previous day. Over the past month, Coal's price has risen 2.66%, but it is still 18.26% lower than a year ago, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Coal - values, historical data, forecasts and news - updated on July of 2025.

Overview
The report A stocktake of selected agricultural markets of the European Union: Opportunities for Australia compiles five articles on EU agricultural industries that were originally published in ABARES Agricultural Commodities quarterly reports between June 2016 and March 2017. These articles were on almonds, beef, dairy, sheep meat and sugar. The report examines EU domestic policies and markets, and trade opportunities for Australia.

Key Issues
• Since the mid 1990s the share of total Australian exports destined for the EU has been declining in favour of more lucrative and geographically closer Asian markets. • Part of the reason for the decline in the share of Australian exports to the EU has been caused by the regulation that supports the EU agricultural sector. EU agricultural imports are subject to restrictive quotas, in-quota tariffs and prohibitive out-of-quota tariffs. • The Australian Government and the European Commission are working towards commencing negotiations for a free trade agreement. As the European Union is one of the largest consumers of agricultural goods in the world, a preferential agreement that improves access to the EU market may present opportunities for Australian agricultural exporters. • The commodities covered in this report are almonds, beef, dairy, sheep meat and sugar. These are high value or growing Australian agricultural industries. • The EU imports agricultural products from a large number of countries and has numerous existing trade arrangements with these countries. Australia therefore faces significant competition in the EU market for the five commodities. • The articles discuss the existing trade trends and EU policies for each of the five commodities. For beef, dairy and sugar it is posited that only a significant reduction in tariffs or enlargement of quotas would precipitate a strong diversion of Australian trade away from the geographically closer Asian markets to the European Union. This is because of weakening EU import demand given growing supplies of lower-priced, domestically produced product. • Australian exports of sheep meat to the European Union are constrained by a relatively small quota of 20,000 tonnes, which it has largely filled in each of the past 5 years. Australian exporters of sheep meat would benefit from improved access to that market given strengthening EU demand for sheep meat and relatively high prices. • EU imports of almonds are subject to a low tariff and import demand has been growing steadily. Removal of the tariff on Australian almonds would improve Australia's relative competitiveness but gains are expected to be modest over the medium term given the dominant foothold of the United States in the EU almond market. • The effect of Brexit on EU agricultural commodities markets and trade is uncertain at this stage.

Version 2 minor revision 27 June 2024.\r \r This is the latest compilation of land use mapping information for Australia’s regions as at December 2023. The land use data are supported by a supplementary commodities dataset, containing extra information on the location of select predominantly agricultural commodities. These datasets replace the previous 2020 December updates. \r Version 2 fixes issues caused during the conversion of the state vector datasets to rasters, where single pixel horizontal lines were generated in local areas. This does not affect the date or scale of mapping.\r \r These data were compiled by the Australian Bureau of Agricultural and Resource Economics and Sciences (ABARES) from vector land use datasets collected as part of state and territory mapping programs and other authoritative sources through the Australian Collaborative Land Use and Management Program (ACLUMP). These datasets are not recommended for change analysis or for national land use statistics—instead use the Land use of Australia 2010-11 to 2015-16.\r \r About the Catchment Scale Land Use of Australia – Update December 2023 spatial dataset:\r \r A seamless raster dataset that combines land use vector data for all state and territory jurisdictions, at a spatial resolution of 50 by 50 metres.\r Shows a single dominant land use for each location, based on the management objective of the land manager (as identified by state and territory agencies).\r Updates have been made to New South Wales, Northern Territory, Tasmania, Victoria, the capital city of Adelaide, parts of the Great Barrier Reef NRM regions, and national updates to select horticultural tree crops and protected cropping structures. There are also minor corrections to Western Australia, and more accurate representation of mining areas in South Australia. \r The date of mapping (2008 to 2023) and scale of mapping (1:5,000 to 1:250,000) vary and are provided as supporting datasets. \r Produced by combining land tenure and other types of land use information, fine-scale satellite data and information collected in the field. \r Refer to the metadata and ABARES website for additional information.\r \r About the Catchment Scale Land Use of Australia – Commodities – Update December 2023 spatial dataset:\r - Provides location, extent and year verified for 185 commodities, where mapped, as a vector dataset. \r - Commodity data are validated in the field and using other sources.\r - Generally, a single commodity is shown at a location reflecting the most recent date that location was verified.\r - The location of a commodity may change on a seasonal to annual basis, depending on factors such as climate, markets or farming systems.\r - Not nationally complete or comprehensive, and with various dates of capture (1967 to 2023) and input mapping products (2014 to 2023). \r - Refer to the metadata for additional information.\r \r Citation\r - Land use: ABARES 2024, Catchment Scale Land Use of Australia – Update December 2023 version 2, Australian Bureau of Agricultural and Resource Economics and Sciences, Canberra, June, CC BY 4.0, DOI: 10.25814/2w2p-ph98\r - Commodities: ABARES 2024, Catchment Scale Land Use of Australia – Commodities – Update December 2023, Australian Bureau of Agricultural and Resource Economics and Sciences, Canberra, February CC BY 4.0. DOI: 10.25814/zfjz-jt75

Australia ASX Index: Materials data was reported at 16,086.200 Point in Apr 2025. This records an increase from the previous number of 15,975.700 Point for Mar 2025. Australia ASX Index: Materials data is updated monthly, averaging 10,930.100 Point from Apr 2002 (Median) to Apr 2025, with 277 observations. The data reached an all-time high of 19,490.200 Point in Dec 2023 and a record low of 3,989.600 Point in Sep 2002. Australia ASX Index: Materials data remains active status in CEIC and is reported by Australian Securities Exchange. The data is categorized under Global Database’s Australia – Table AU.Z001: Australian Stock Exchange: Indices. The Materials Index (XMJ) encompasses a wide range of commodity-related manufacturing industries. Included in this sector are companies that manufacture chemicals, construction materials, glass, paper, forest products and related packaging products, and metals, minerals and mining companies, including producers of steel.

Natural gas fell to 3.25 USD/MMBtu on July 22, 2025, down 2.13% from the previous day. Over the past month, Natural gas's price has fallen 14.59%, but it is still 48.80% higher than a year ago, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Natural gas - values, historical data, forecasts and news - updated on July of 2025.

Wheat rose to 549.54 USd/Bu on July 22, 2025, up 1.34% from the previous day. Over the past month, Wheat's price has fallen 0.58%, but it is still 1.25% higher than a year ago, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Wheat - values, historical data, forecasts and news - updated on July of 2025.

This vector dataset complements the Catchment Scale Land Use of Australia – Update December 2018 dataset, compiling commodity data (where mapped) in state and territory data through the Australian Collaborative Land Use and Management Program (ACLUMP), as at December 2018. The date of mapping (2003 to 2018) and scale of mapping (1:5 000 to 1:250 000) vary. Commodities are assigned to the Australian Land Use and Management (ALUM) Classification version 8. Those commodities which are tertiary classes of the ALUM Classification such as sugar cane, cotton, rice, olives and grapes have been mapped by jurisdictions for some time. Recent mapping also includes horticulture and intensive animal industries. It is important to note that the location of a commodity may change on an annual basis, depending on factors such as climate, markets or farming systems.

Note: This dataset has been superseded by the Catchment Scale Land Use of Australia – Commodities – Update December 2020 available at https://data.gov.au/data/dataset/clumc-dec2020. This vector …Show full descriptionNote: This dataset has been superseded by the Catchment Scale Land Use of Australia – Commodities – Update December 2020 available at https://data.gov.au/data/dataset/clumc-dec2020. This vector dataset complements the Catchment Scale Land Use of Australia – Update December 2018 dataset, compiling commodity data (where mapped) in state and territory data through the Australian Collaborative Land Use and Management Program (ACLUMP). This entry incorporates a revision released on 26 November 2019. The date of mapping (2003 to 2018) and scale of mapping (1:5 000 to 1:250 000) vary. Commodities are assigned to the Australian Land Use and Management (ALUM) Classification version 8. Those commodities which are tertiary classes of the ALUM Classification such as sugar cane, cotton, rice, olives and grapes have been mapped by jurisdictions for some time. Recent mapping also includes horticulture and intensive animal industries. It is important to note that the location of a commodity may change on an annual basis, depending on factors such as climate, markets or farming systems. This entry includes: Link to more information on the Australian Collaborative Land Use and Management Program (ACLUMP) website managed by ABARES Link to data download as zipped ESRI shapefile Link to description of data package as PDF Map of land use showing broad commodity types.

In Australia Commodity Chemicals Market, offering valuable insights, key market trends, competitive landscape, and future outlook to support strategic decision-making and business growth.

Copper rose to 5.74 USD/Lbs on July 23, 2025, up 0.21% from the previous day. Over the past month, Copper's price has risen 17.49%, and is up 39.80% compared to the same time last year, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Copper - values, historical data, forecasts and news - updated on July of 2025.

The Agribusiness sector continues to expand, driven by strong export markets, rising domestic meat prices and technological advancements. Key commodities, including beef, wheat, barley, dairy and wine, remain integral to global supply chains, with China, Japan and the United States among major buyers. While geopolitical tensions and economic uncertainties pose risks, diversification into ASEAN and Indian markets is helping mitigate these challenges. The Agribusiness sector is also shifting towards value-added agricultural products, enhancing global competitiveness. Climate variability remains a pressing concern, influencing crop yields and farm profitability. Recent favourable rainfall has improved short-term agricultural output, but long-term climate risks persist, requiring continued investment in sustainability and adaptation strategies. Rising farm incomes, supported by increased commodity prices and operational efficiencies, have further strengthened profitability across the Agribusiness sector. Technological adoption, including AI and precision farming, improves efficiency and resource management, reinforcing Australia’s position as a leader in sustainable agribusiness. These innovations drive productivity gains and cost efficiencies, supporting the sector’s strong performance. As a result, agribusiness revenue is anticipated to climb 5.2% over the five years through 2024-25, with an expected 1.5% rise in 2024-25 to hit $358.6 billion. In the coming years, strategic trade agreements will play a crucial role in supporting agribusiness growth, with ongoing tariff reductions and expanded export opportunities boosting long-term revenue potential. Strengthened trade relationships, particularly with the European Union and India, will reduce dependence on traditional markets, mitigating risks associated with geopolitical uncertainty. Domestically, strong meat prices will continue to drive profitability as consumer demand for premium beef and lamb remains high. Climate change will present a key challenge, with increasing drought frequency and shifting rainfall patterns requiring adaptation through resilient crops and improved water management. Technological advancements will further transform the sector, with AI-driven decision making, precision agriculture and sustainable practices enhancing efficiency and revenue growth. Government support for research and climate-resilient initiatives will accelerate this transition, ensuring long-term agribusiness sustainability and competitiveness in global markets. Overall, agribusiness revenue is forecast to grow 1.2% over the five years through 2029-30 to $380.6 billion.

Overview
The June edition of Agricultural commodities contains ABARES latest outlook for Australia's key agricultural commodities in 2017-18, which updates the outlook released in March 2017.

The report provides updated commodity forecasts, an article on China's grain policies and boxes on seasonal conditions in Australia and chilled beef exports to China.

Key Issues Commodity forecasts

• The gross value of farm production is expected to decrease slightly in 2017-18, reflecting an expected return to average seasonal conditions following record production in 2016-17. • The value of farm exports is forecast to remain relatively unchanged in 2017-18.

Economic assumptions underlying this set of commodity forecasts

In preparing this set of agricultural commodity forecasts: • World economic growth is assumed to be 3.3 per cent in 2017 and 3.4 per cent in 2018. • Economic growth in Australia is assumed to average 2.8 per cent in 2017-18. • The Australian dollar is assumed to average US73 cents in 2017-18, slightly lower than the estimated average of US75 cents in 2016-17.

Articles and boxes on agricultural issues
China's grain policies
• Recent changes to China's price support policies signal a move towards a less regulated grain marketing system. China now recognises a role for imports to ensure a secure food supply and actively engages in world markets for grains. These changes have the potential to influence global markets given the size of China's agricultural sector. • The article examines China's domestic grains support policies and border measures. Minimum purchase prices and a grain reserve system for rice and wheat remain key policy instruments. A non-commodity-specific support policy is also being implemented.

Seasonal conditions in Australia
• A timely autumn break in south-eastern Australia has improved soil moisture and provided a good start to the winter cropping season. • Pasture growth and pasture biomass is close to average for this time of year across most of Australia. • Drier and warmer-than-average conditions are more likely for much of southern Australia during the 2017 winter, but this is unlikely to adversely affect crop and pasture growth in the short-term due to adequate soil moisture.

Chilled beef exports to China heat up
• Australian exports of chilled beef to China are becoming increasingly important as Australian frozen beef exports face strong competition from low-cost South American producers. • Australia and China recently signed the Joint Statement on Enhancing Inspection and Quarantine Cooperation between Australia and the People's Republic of China. This will facilitate an increase in the number of eligible establishments permitted to export chilled and frozen red meat to China, pending the outcome of an audit.

Overview The June edition of Agricultural commodities contains ABARES latest outlook for Australia's key agricultural commodities in 2018-19, which updates the outlook released in March 2018. Overview • In 2018-19 the value of farm production is forecast to increase by 1.5 per cent to $61 billion. • An increase in global economic growth and declines in some global crop supplies are forecast to support average farm export unit values. • Downside risks to the Australian agricultural sector are the prolonged dry spell in some parts of Australia and economic and trade factors facing Australia'!!s key export markets. Commodity production forecasts • The value of farm production is forecast to increase by 1.5 per cent to $61 billion in 2018-19. The value of farm production is around 11 per cent higher than the 10 year average of $55 billion (in 2017-18 dollars). • The value of livestock production is forecast to increase by 3 per cent to $30 billion in 2018-19. ◦ The value of lamb and wool production is forecast to contribute strongly to growth in the value of livestock production in 2018-19 because of strong forecast price growth. The volume of dairy production is expected to increase modestly, despite rising feed costs after consecutive years of low prices for grain and hay. The value of beef and veal production is forecast to fall, as declining saleyard prices more-than offset increases in the volume of beef produced. • The value of crop production is forecast to remain unchanged at $31 billion in 2018-19. This follows an estimated decline of 8 per cent in 2017-18. ◦ In 2018-19 a change in the mix of grain crops is expected due to the combination of seasonal conditions, agronomic factors and relative prices. Delayed and inadequate autumn rainfall have reduced opportunities to plant canola and pulse crops. Prices of grains compared with prices of oilseeds and pulses are expected to add to incentives to plant barley and reduce canola and chickpea plantings. ◦ In 2018-19 the value of wheat and coarse grains production is forecast to underpin growth in the value of total crop production. Commodity export forecasts • Export earnings for farm commodities are forecast to be $47 billion in 2018-19, down 2 per cent from $48 billion in 2017-18. • The net decline in export earnings is largely due to lower exportable supplies of coarse grains, pulses and canola and increased domestic demand for grain. The pace of growth of international prices for beef and veal and other livestock products is also expected to slow as competition increases. ◦ Export earnings are forecast to decline in 2018-19 for chickpeas (down 59 per cent), coarse grains (36 per cent), canola (18 per cent), sugar (8 per cent), mutton (6 per cent) and rock lobster (1 per cent). Export earnings for live feeder/slaughter cattle are unchanged. • Export earnings are forecast to be supported by strong demand from Asia and advanced economies for Australian livestock and livestock products. Higher prices for wheat, coarse grains and cotton are also expected to support earnings. ◦ In 2018-19 export earnings are forecast to rise for cotton (up 18 per cent), lamb (10 per cent), wool (9 per cent), wheat (6 per cent), beef and veal (2 per cent), dairy products (1 per cent) and wine (1 per cent). • Export earnings for fisheries products are forecast to increase by 1 per cent in 2018-19 to $1.6 billion, after increasing by an estimated 10 per cent in 2017-18. Assumptions underlying this set of commodity forecasts Forecasts of commodity production and exports are based on global and domestic demand and supply assumptions. • On the demand side, stronger world economic growth will translate to higher per person incomes in most of Australia's export markets, supporting stronger demand. ◦ World economic growth is assumed to be 3.9 per cent in 2018 and 2019. ◦ Economic growth in Australia is assumed to be 2.8 per cent in 2018-19. ◦ The Australian dollar is assumed to average US76 cents in 2018-19, slightly lower than the assumed average of US78 cents in 2017-18. • On the supply side, Australian agricultural production prospects are assumed to be slightly below average. ◦ Seasonal conditions have significant implications for crop yields and livestock production cycles. Uncertainties that could affect agricultural commodity production and export growth include supply shocks in Australia or international markets (such as natural disasters, drought and disease outbreaks) or unexpected economic events that affect trade and economic growth.

Graph and download economic data for International Merchandise Trade Statistics: Imports: Commodities for Australia (AUSXTIMVA01CXMLQ) from Q1 1957 to Q1 2025 about Australia, imports, and trade.

Graph and download economic data for International Merchandise Trade Statistics: Imports: Commodities for Australia (XTIMVA01AUM667S) from Jan 1958 to May 2025 about Australia, imports, trade, and goods.