The Federal Government's commodity forecaster predicts Australia's commodity export earnings to rise by about 23% quarter in 2010/11 to $202.5 billion.

The forecast compared to an estimated $164.1 billion for 2009/10, the Australian Bureau of Agricultural and Resource Economics while releasing its commodities report said.

ABARE's Deputy Executive Director, Paul Morris said, "Reflecting continued recovery in the world economy; we are expecting growth in export earnings from the farm sector as well as the minerals and energy sector in 2010/11. The latest forecast amounts to a $15.5 billion increase from ABARE's forecast in March for the 2010/11 year".

Following an estimated 11.6% decline to $28.3 billion in 2009/10, the worth of farm exports are forecast to increase by 2.5% to $29.1 billion in 2010/11.

Livestock exports are forecast to augment by 6.2% to $14.4 billion, but crop export earnings are seen largely unchanged for 2010/11 at $14.6 billion.

Canola, raw cotton, wine, wool, beef, veal and mutton are some of the agricultural commodities expected to rise in the next financial year.

Produce from energy and minerals exports are forecast to mount 28.5% in 2010/11 to $169.8 billion from an estimated $132.2 billion in 2009/10.

Export earnings for metals and other minerals are expected to increase 29% to $98.5 billion in 2010/11, while the value of energy exports is expected to rise 27.8% to $71.3 billion.

ABARE expects mine production to increase by 8.4%.