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Two years after farmers began feeling the impacts of what were then record dry conditions, many are celebrating what they say could be the end of the drought.

The use of florfenicol in Tasmania's salmon industry has been banned as the country's veterinary medicine regulator suspends an emergency licence for the antibiotic.

Exports have been halted and shipping containers filled with Australian meat are stranded at sea as the Middle East conflict takes a toll on trade.

Facing rising electricity costs and repeated outages, WA's biggest dairy farm is investing $650,000 in a hybrid solar and battery system to keep irrigation running and milk flowing as the number of dairy farms in the state continues to decline.

Heavy downpours across southern and central New South Wales have felt "like raining headache relief pills", according to farmers who were beginning to destock due to drought.

The value of Australia's farming produce is tipped to reach its "ambitious" $100 billion target this financial year, but experts warn the value could dip again in the face of trying trade and seasonal conditions.