THE gross value of Australia’s agricultural production is expected to fall by 2.8 per cent to $90.7 billion in 2025-26, driven by lower crop and livestock production volumes.

That's according to the June quarter forecasts released by ABARES on Tuesday.

The value of agricultural production in 2025-26 is tipped to be the third highest on record and worth $97.5 billion when fisheries and forestry...