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.

Australia Commodity Price Index: Weights: Base Metals: Nickel data was reported at 0.600 % in Feb 2013. This stayed constant from the previous number of 0.600 % for Jan 2013. Australia Commodity Price Index: Weights: Base Metals: Nickel data is updated monthly, averaging 0.600 % from Feb 2008 (Median) to Feb 2013, with 61 observations. The data reached an all-time high of 0.600 % in Feb 2013 and a record low of 0.400 % in Aug 2009. Australia Commodity Price Index: Weights: Base Metals: Nickel data remains active status in CEIC and is reported by Reserve Bank of Australia. The data is categorized under Global Database’s Australia – Table AU.I051: Commodity Price Index: Weights (Old).

Australia Commodity Price Index: Weights: Other Resources: Crude Oil data was reported at 7.300 % in Feb 2013. This stayed constant from the previous number of 7.300 % for Jan 2013. Australia Commodity Price Index: Weights: Other Resources: Crude Oil data is updated monthly, averaging 7.300 % from Feb 2008 (Median) to Feb 2013, with 61 observations. The data reached an all-time high of 7.300 % in Feb 2013 and a record low of 5.300 % in Aug 2009. Australia Commodity Price Index: Weights: Other Resources: Crude Oil data remains active status in CEIC and is reported by Reserve Bank of Australia. The data is categorized under Global Database’s Australia – Table AU.I051: Commodity Price Index: Weights (Old).

Commodity Price Index: 2018-19=100: Non Rural Component: Base Metals: SDR data was reported at 84.619 2018-2019=100 in Mar 2020. This records a decrease from the previous number of 91.353 2018-2019=100 for Feb 2020. Commodity Price Index: 2018-19=100: Non Rural Component: Base Metals: SDR data is updated monthly, averaging 58.448 2018-2019=100 from Jul 1982 (Median) to Mar 2020, with 453 observations. The data reached an all-time high of 158.035 2018-2019=100 in May 2007 and a record low of 35.601 2018-2019=100 in Nov 1993. Commodity Price Index: 2018-19=100: Non Rural Component: Base Metals: SDR data remains active status in CEIC and is reported by Reserve Bank of Australia. The data is categorized under Global Database’s Australia – Table AU.I026: Commodity Price Index. Rebased from 2017-18=100 to 2018-19=100.

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.

This statistic depicts the average monthly prices for Australian coal from January 2014 through January 2025. In January 2025, the average monthly price for Australian coal stood at ***** nominal U.S. dollars per metric ton.

Iron Ore rose to 96.76 USD/T on July 14, 2025, up 0.05% from the previous day. Over the past month, Iron Ore's price has risen 1.61%, but it is still 11.77% 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.

Australia Commodity Price Index: Weights: Rural Commodities: Canola data was reported at 0.500 % in Feb 2013. This stayed constant from the previous number of 0.500 % for Jan 2013. Australia Commodity Price Index: Weights: Rural Commodities: Canola data is updated monthly, averaging 0.500 % from Feb 2008 (Median) to Feb 2013, with 61 observations. The data reached an all-time high of 0.500 % in Feb 2013 and a record low of 0.400 % in Aug 2009. Australia Commodity Price Index: Weights: Rural Commodities: Canola data remains active status in CEIC and is reported by Reserve Bank of Australia. The data is categorized under Global Database’s Australia – Table AU.I051: Commodity Price Index: Weights (Old).

Australia Commodity Price Index: Weights: Other Resources: Liquefied Natural Gas data was reported at 5.100 % in Feb 2013. This stayed constant from the previous number of 5.100 % for Jan 2013. Australia Commodity Price Index: Weights: Other Resources: Liquefied Natural Gas data is updated monthly, averaging 5.100 % from Feb 2008 (Median) to Feb 2013, with 61 observations. The data reached an all-time high of 6.500 % in Aug 2009 and a record low of 5.100 % in Feb 2013. Australia Commodity Price Index: Weights: Other Resources: Liquefied Natural Gas data remains active status in CEIC and is reported by Reserve Bank of Australia. The data is categorized under Global Database’s Australia – Table AU.I051: Commodity Price Index: Weights (Old).

Wheat fell to 541.48 USd/Bu on July 14, 2025, down 0.65% from the previous day. Over the past month, Wheat's price has risen 0.93%, and is up 1.69% compared to the same time last year, 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.

Commodity Price Index: Weights: Rural Commodities: Beef & Veal data was reported at 4.100 % in Feb 2013. This stayed constant from the previous number of 4.100 % for Jan 2013. Commodity Price Index: Weights: Rural Commodities: Beef & Veal data is updated monthly, averaging 4.100 % from Feb 2008 (Median) to Feb 2013, with 61 observations. The data reached an all-time high of 4.100 % in Feb 2013 and a record low of 3.200 % in Aug 2009. Commodity Price Index: Weights: Rural Commodities: Beef & Veal data remains active status in CEIC and is reported by Reserve Bank of Australia. The data is categorized under Global Database’s Australia – Table AU.I051: Commodity Price Index: Weights (Old).

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.

Australia Commodity Price Index: Weights: Rural Commodities: Sugar data was reported at 1.500 % in Feb 2013. This stayed constant from the previous number of 1.500 % for Jan 2013. Australia Commodity Price Index: Weights: Rural Commodities: Sugar data is updated monthly, averaging 1.500 % from Feb 2008 (Median) to Feb 2013, with 61 observations. The data reached an all-time high of 1.500 % in Feb 2013 and a record low of 0.700 % in Aug 2009. Australia Commodity Price Index: Weights: Rural Commodities: Sugar data remains active status in CEIC and is reported by Reserve Bank of Australia. The data is categorized under Global Database’s Australia – Table AU.I051: Commodity Price Index: Weights (Old).

Wool traded flat at 1,212 AUD/100Kg on July 11, 2025. Over the past month, Wool's price has risen 1.08%, and is up 9.49% compared to the same time last year, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Wool - values, historical data, forecasts and news - updated on July of 2025.

The June edition of Agricultural commodities contains ABARES' latest outlook for Australia's key agricultural commodities in 2015-16, which updates the outlook ABARES released in March 2015. In …Show full descriptionThe June edition of Agricultural commodities contains ABARES' latest outlook for Australia's key agricultural commodities in 2015-16, which updates the outlook ABARES released in March 2015. In addition to commodity forecasts, this publication also includes boxes about the Australian sugar industry; the beef cattle industry in South America; demand and supply of sorghum in China; reforms to dairy support policies in the European Union; and El Nino and agricultural production. Commodity forecasts • Export earnings from farm commodities are forecast to be around $41.8 billion in 2015-16, compared with an estimated $42.4 billion in 2014-15. • This would be around 10 per cent higher than the average of $38 billion over the five years to 2014-15 in nominal terms. • Agricultural commodities for which export earnings are forecast to rise in 2015-16 include coarse grains (up by 6 per cent), dairy (2 per cent), lamb (2 per cent), live sheep (6 percent), wool (5 per cent) and sugar (5 per cent). • These forecast increases are expected to be more than offset by forecast falls in export earnings for beef and veal (4 per cent), wheat (5 per cent), canola (5 per cent), cotton (33 per cent), live feeder/slaughter cattle (4 per cent) and mutton (13 per cent). • Export earnings for fisheries products are forecast to increase by 6.3 per cent to around $1.6 billion in 2015-16, after increasing by an estimated 13.9 per cent to $1.5 billion in 2014-15. • The index of unit export returns for Australian farm exports is forecast to rise by 2.5 per cent in 2015-16, following an estimated rise of 6.0 per cent in 2014-15. This forecast increase in 2015-16 mainly reflects the effect of an assumed lower Australian dollar. • Higher export prices, in Australian dollar terms, are forecast for beef and veal, wool, barley, wine, lamb, canola, live feeder/slaughter cattle, rock lobster, mutton and dairy products in 2015-16. In contrast, export prices of wheat and sugar are forecast to decline. • The gross value of farm production is forecast to increase by 3.1 per cent to around $53.7 billion in 2015-16, following an estimated increase of 2.1 per cent to $52.1 billion in 2014-15. At this forecast level, the gross value of farm production in 2015-16 would be around 9 per cent higher than the average of $49.1 billion over the five years to 2014-15 in nominal terms. • The gross value of livestock production is forecast to increase by around 5.2 per cent to $27.2 billion in 2015-16, following an estimated increase of 13.1 per cent in 2014-15. The forecast increase in 2015-16 mainly reflects expected higher farmgate prices for beef cattle, lamb, sheep and wool, more than offsetting a forecast decline of 4.1 per cent in the volume index of livestock production in 2015-16 under the assumption of herd and flock rebuilding in the latter half of 2015-16. • The gross value of crop production is forecast to increase by 0.9 per cent to $26.5 billion in 2015-16, following an estimated decrease of 6.8 per cent in 2014-15. The forecast increase in 2015-16 mainly reflects an expected increase of 1.4 per cent in the volume index of crop production. • The volume index of total farm production is forecast to fall by 1.5 per cent in 2015-16, following an estimated decline of 0.7 per cent in 2014-15. Economic assumptions underlying this set of commodity forecasts • In preparing this set of agricultural commodity forecasts, world economic growth is assumed to be 3.4 per cent in 2015 and 3.6 per cent in 2016. • In Australia, economic growth is assumed to average 2.7 per cent in 2015-16, compared with 2.5 per cent in 2014-15. • The Australian dollar is assumed to average around US76 cents in 2015-16, around 10 per cent lower than the average of US84 cents in 2014-15. El Nino and agricultural production • The Bureau of Meteorology advised that the El Nino in the tropical Pacific continues to strengthen. All international climate models surveyed indicate that tropical Pacific Ocean temperatures are likely to remain above El Nino thresholds through the coming southern winter and into spring. • The impact of an El Nino event on Australian agricultural production is not uniform and is difficult to predict. While an El Nino event is often, but not always, associated with reduced rainfall in eastern Australia, the timing of rainfall can have a significant effect on crop and pasture production.

Overview The September edition of Agricultural commodities contains ABARES latest outlook for Australia's key agricultural commodities in 2018-19, which updates the outlook released in June 2018. Key…Show full descriptionOverview The September edition of Agricultural commodities contains ABARES latest outlook for Australia's key agricultural commodities in 2018-19, which updates the outlook released in June 2018. Key Issues • In 2018-19 the value of farm production is forecast to be relatively unchanged at $60 billion. • Dry conditions are affecting agricultural production in eastern Australia, but strong forecast production in Western Australia, rising grain prices, high livestock prices and a lower Australian dollar are providing support to farm incomes. • Export prices are forecast to increase by around 3% in 2018-19, driven by a decline in the global supply of grains and strong demand for meat products. • Downside risks to Australian agriculture include uncertainty around the duration of the drought in impacted areas, the timing and amount of rain in other regions, and possible disruption to world agricultural markets stemming from protectionist trade measures. Commodity production forecasts • The value of crop production is forecast to decrease by 3 per cent to $30 billion in 2018-19. ◦ The decline is expected to be driven by a forecast decline in area planted in the eastern states. Drought conditions across eastern Australia restricted planting opportunities for crops, such as barley, canola and wheat. ◦ Higher forecast prices for canola, coarse grains, cotton and wheat are expected to mitigate the impact of lower crop volumes on the value of production. ◦ Wine grape and sugar production are forecast to rise as producing areas have been less affected by drought. The value of sugar production is nevertheless forecast to decline due to weak international prices. ◦ Horticultural production has increased following a warm winter, boosting production of a range of fruits and vegetables • The value of livestock production is forecast to increase by 2 per cent to $30 billion in 2018-19. ◦ Drought in the eastern states has increased cattle and sheep turn-off, lifting meat production and leading to a forecast reduction in herd size. ◦ Dairy production is forecast to increase, as processors continue to offer relatively high milk prices. However, the production response is likely to be dampened by increasing feed and fodder costs. ◦ Wool production is forecast to be lower, constrained by lower flock numbers and poor grazing conditions. Commodity export forecasts • Export earnings for farm commodities are forecast to be $47 billion in 2018-19, down 5 per cent from $49 billion in 2017-18 • The decline in export earnings is largely due to lower exportable supplies of canola, coarse grains, pulses and wheat and increased domestic demand for grain. Agricultural export prices, measured by the index of unit export returns, are forecast to increase by 3% in 2018-19. ◦ Export earnings are forecast to decline in 2018-19 for canola (down 39 per cent), coarse grains (24 per cent), wheat (10 per cent), sugar (9 per cent), wool (2 per cent) and wine (1 per cent). Export earnings for beef and veal and 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 lamb (up 17 per cent), rice (14 per cent), mutton (13 per cent), cotton (9 per cent), cheese (6 per cent) and rock lobster (3 per cent). • Export earnings for fisheries products are forecast to increase by 2 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 3.0 per cent in 2018-19. ◦ The Australian dollar is assumed to average US74 cents in 2018-19, lower than the assumed average of US78 cents in 2017-18. • On the supply side, Australian agricultural production prospects are assumed to be below average. ◦ Dry conditions are forecast to have significant implications for crop yields and livestock production cycles in the eastern states. 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. Boxes on agricultural issues Evolving EU biodiesel policies • Proposed changes to the EU renewable fuels policy could increase demand for Australia's canola exports in the short to medium term. • Since 2010-11 the European Union has been the largest export market for Australian canola. Most canola is imported to produce renewable transport fuel.

This annual report is a compendium of historical statistics covering the agriculture, forestry and fisheries sectors. It provides a set of comprehensive statistical tables on Australian and world prices, production, consumption, stocks and trade for 19 rural commodities. The commodities covered include grains and oilseeds, livestock, livestock products, wool, horticulture, forestry products and fisheries products. The report also contains statistics on agricultural water use and macroeconomic indicators such as economic growth, employment, balance of trade, exchange rates and interest rates.

This annual report is a compendium of historical statistics covering the agriculture, forestry and fisheries sectors.

It provides a set of comprehensive statistical tables on Australian and world prices, production, consumption, stocks and trade for 19 rural commodities. The commodities covered include grains and oilseeds, livestock, livestock products, wool, horticulture, forestry products and fisheries products.

The report also contains statistics on agricultural water use and macroeconomic indicators such as economic growth, employment, balance of trade, exchange rates and interest rates.

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.

Commodity Price Index: Weights: Rural Commodities: Cotton data was reported at 0.400 % in Feb 2013. This stayed constant from the previous number of 0.400 % for Jan 2013. Commodity Price Index: Weights: Rural Commodities: Cotton data is updated monthly, averaging 0.400 % from Feb 2008 (Median) to Feb 2013, with 61 observations. The data reached an all-time high of 0.400 % in Feb 2013 and a record low of 0.300 % in Aug 2009. Commodity Price Index: Weights: Rural Commodities: Cotton data remains active status in CEIC and is reported by Reserve Bank of Australia. The data is categorized under Global Database’s Australia – Table AU.I051: Commodity Price Index: Weights (Old).