AUSTRALIA is well on track for recording its driest year on record and for the first time, the Australian Bureau of Agricultural and Resource Economics and Sciences' (ABARES) has quantified the impact an increasingly warmer and drier climate is having on the nation's cropping and livestock farmers.

The ABARES report found changes in climate since 2000, had reduced the average broad-acre farmer's profits by 22 per cent, or about $18,6000 per year.

The Guardian

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