The neighbouring Western Downs was number two with a gross value of production of $1.11 billion followed by Bundaberg at $837 billion.

The total valuation of $23.44 billion was the highest on record beating last year’s total of $23.37 billion. However, the Department of Agriculture and Fisheries has also forecast a downturn in the coming financial year with a forecast valuation of $22.67 billion.

By far the fastest growing region was the Lockyer Valley, the value of its ag sector surging, up nearly 42 per cent on last year’s GVP off the back of strong recovery from the 2022 floods.

Bundaberg was a major success story, with the region coming in third for GVP ($837 million) and second for growth of GVP, up 10.1 per cent.

Beef remains king of the commodities in Queensland, with cattle and calves valued at over $6 billion in 2022-23, and meat processing estimated to be worth almost $2.8 billion.

Sugarcane and sugar processing reached a combined valuation of almost $2.5 billion, while the GVP of raw cotton soared 26.4 per centto over $1.5 billion.

Among the strongest growing commodities were Queensland’s world-class fresh produce, with apples, table grapes, pineapples, avocados, and bananas all in the top 10 for growth.

Agriculture Minister Mark Furner said Queensland’s produce was world-class and it was no surprise our state’s ag sector was breaking records.

“Despite challenges presented by COVID and floods, our agribusinesses continue to go from strength to strength,” he said.