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The Australian Agricultural Forecasting System (AAFS) is the system that ABARES uses to produce forecasts for Australia’s agricultural markets. Although AAFS has been in development and use since 1945, this is the first time that it has been documented.

Documentation supports peer review and provides end–users with confidence that ABARES forecasts can be relied on. It facilitates collaboration with other forecasting agencies around the world and helps to train new generations of forecasters.

AAFS is made up of a database, a group of loosely–coupled, commodity–specific balance sheets used to produce forecasts, and a web-based publishing system for disseminating forecasts. ABARES uses AAFS to produce quarterly forecasts of the value, volume and price of Australia’s agricultural production and exports.