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AustVegGrwFrmEcoSurvey_1.0.0.pdf
Resource Name:
AustVegGrwFrmEcoSurvey_1.0.0.pdf
File Size:
3.48 MB
Resource Type:
Pdf Documents
Metadata
Title:
Australian vegetable growing farms: an economic survey, 2010-11 and 2011-12
Series:
Research reports
Series Issue:
12.11
Publication Date:
04/12/2012
Description:
This report contains results from the most recent survey of Australian vegetable growers conducted by ABARES between February and August 2012 on behalf of Horticulture Australia Limited. Comprehensive data on the physical, financial and socioeconomic characteristics of vegetable growing farms in 2010-11 and some provisional projection data for 2011-12 were collected as part of this survey. The potential short-run effects of carbon pricing on Australian vegetable growers have also been examined. Key Issues Potential short-run effects of carbon pricing * Vegetable growers and processors have experienced the effects of carbon pricing since its introduction on 1 July 2012. * It is estimated that input costs for vegetable growing farms will increase by around 0.2 per cent and 0.3 per cent in 2012-13 and 2014-15 respectively as a result of higher electricity and transport costs. * It is estimated that processing costs per tonne of vegetables produced will increase by an estimated $8.38 and $12.61 in 2012-13 and 2014-15 respectively. * The impact of carbon pricing on the vegetable growing industry is estimated to be marginally higher than ABARES' previous estimated impact on the broadacre sector and slightly lower than the estimated impact on the dairy industry. 2010-2011 * A lower proportion of vegetable growers indicated experiencing drought or below average seasonal conditions in 2010-11 than in 2009-10. An estimated 26 per cent of vegetable growers indicated that they experienced drought or below average seasonal conditions in 2010-11 compared with 36 per cent in the previous financial year. However, 21 per cent of vegetable growers experienced flood conditions. * Average vegetable yields per farm are estimated to have fallen by 12 per cent in 2010-11 to 27 tonnes per hectare, mainly reflecting production losses due to heavy rain and flood damage in a number of vegetable growing regions. * Total cash receipts for vegetable farms in 2010-11 are estimated to have averaged $792 200 per farm, of which 84 per cent was derived from the sale of vegetables. On average, vegetable receipts are estimated to have increased between 2009-10 and 2010-11, with an increase in farmgate prices more than offsetting the lower quantity of vegetables. * Total cash costs averaged around $630 600 per farm in 2010-11, which was an increase of 11 per cent over the previous financial year. On average, hired labour accounted for the largest share of cash costs per farm in 2010-11. * Farm cash income for vegetable farms in 2010-11 was on average $161 600 per farm, which was around 14 per cent higher than the previous financial year. The rise in average farm cash income was largely due to higher prices received for vegetables. * Vegetable farms had an estimated average rate of return to capital, excluding capital appreciation, of 2.9 per cent in 2010-11. Larger farms, with more than 70 hectares of vegetables planted, realised a higher average rate of return to capital, excluding capital appreciation, of 5.1 per cent. * The equity ratio (business assets as a percentage of total farm capital) of vegetable farms remained high in 2010-11, averaging 84 per cent. Only an estimated 5 per cent of vegetable farms had both an equity ratio of less than 70 per cent and a negative farm cash income. * At the time of the survey, an estimated 72 per cent of vegetable growers expected to still be engaged in vegetable production in five years time. Additionally, 18 per cent of vegetable growers intended to expand vegetable production in the next three to five years. 2011-2012 * Average vegetable yields per farm are estimated to have increased by 9 per cent in 2011-12 to 30 tonnes per hectare, following improved seasonal conditions. * The average total cash receipts for Australian vegetable farms are estimated to have increased in 2011-12 to $810 000 per farm, with an increase in average vegetable production offsetting the decrease in farmgate vegetable prices. * The average area planted to vegetables is estimated to have remained stable in 2011-12 at 38 hectares per farm. Total cash costs are also estimated to have been similar to the previous financial year at $632 000 per farm. * The average farm cash income for vegetable farms is estimated to have increased by around 11 per cent to $179 000 per farm. This increase was mainly due to the combination of higher average receipts and total cash costs remaining relatively stable.
Resource URL Description:
0 : Australian vegetable growing farms: an economic survey, 2010-11 and 2011-12 - report - PDF [3.5 MB]

1 : Australian vegetable growing farms: an economic survey, 2010-11 and 2011-12 - report - XML [2.1 MB]

2 : Appendix tables for Australian vegetable growing farms: an economic survey, 2010-11 and 2011-12 - MS Excel - Complex Type [0.07 MB]
Publisher:
ABARES : Australian Bureau of Agricultural and Resource Economics and Sciences : Department of Agriculture
Author:
THOMPSON Therese

ZHANG Kyann
Right Management:
Use constraints: copyright

Other constraints: Licence type:Copyright

Other constraints: All material in this publication is licensed under a Creative Commons Attribution 3.0 Australia Licence, save for content supplied by third parties, logos and the Commonwealth Coat of Arms

Other constraints: This publication (and any material sourced from it) should be attributed as: Thompson, T & Zhang, K, 2012, Australian vegetable growing farms: an economic survey, 2010-11 and 2011-12, ABARES Research report 12.11 prepared for Horticulture Australia Limited, Canberra, November, CC BY 3.0
Identifier:
ISBN 978-1-74323-053-4

ISSN 1447-8358
Asset Name:
pb_avfesd9absf20121127_11a