Cover image for FarmSurveyResults2014_V1.0.0.pdf
FarmSurveyResults2014_V1.0.0.pdf
Resource Name:
FarmSurveyResults2014_V1.0.0.pdf
File Size:
1.33 MB
Resource Type:
Pdf Documents
Metadata
Title:
Australian farm survey results 2011-12 to 2013-14
Series:
Australian farm survey results
Series Issue:
2014
Publication Date:
31/03/2014
Description:
ABARES Australian Agricultural and Grazing Industries Survey (AAGIS) projects an overall increase in average incomes of Australian broadacre farms in 2013-14. Large increases in grain production are projected to result in incomes for Western Australian and South Australian farms being the highest recorded in more than 30 years. Incomes of Victoria, Tasmania and of New South Wales, taken as a whole, are projected to remain relatively similar to those recorded in 2012-13. In contrast, a sharp decline is projected for incomes in Queensland and northern New South Wales broadacre farms as a result of drought. Drought conditions in Queensland and northern New South Wales follow on from the generally drier seasonal conditions in 2012-13. Drier conditions in 2012-13 reduced grain production in all states relative to the record production in 2011-12. Fortunately, these reductions were more than offset by higher prices for grains, oilseeds and pulses, resulting in an increase in incomes for most grain producing farms. The outcome for livestock producers in 2012-13 was less favourable. Beef cattle numbers increased during the three very wet years to 2011-12. This was followed by a well below average wet season in northern Australia and generally drier seasonal conditions across most other regions that resulted in less abundant grazing in 2012-13. Turn-off of beef cattle, sheep and lambs increased and herd and flock rebuilding slowed. Lower wool prices and the increase in livestock turn-off reduced beef cattle, sheep and lamb prices, resulting in incomes for beef cattle and sheep farms declining in most regions. According to ABARES Australian Dairy Industry Survey (ADIS), incomes for dairy farms were also affected by drier seasonal conditions in 2012-13. Increased expenditure on fodder and a large reduction in prices received for milk resulted in a large reduction in reported income in all regions. In 2013-14 incomes are projected to increase for dairy farms in all states as a result of higher milk prices. This is despite reductions in milk production and increased expenditure on fodder resulting from the drier conditions
Resource URL Description:
0 : Australian Farm Survey Results 2011-12 to 2013-14 - PDF [2.0 MB]

1 : Australian Farm Survey Results 2011-12 to 2013-14 - MS Word [2.3 MB]
Publisher:
ABARES : Australian Bureau of Agricultural and Resource Economics and Sciences : Department of Agriculture
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: ABARES 2014, Australian farm survey results 2011-12 to 2013-14. CC BY 3.0
Identifier:
ISBN 978-1-74323-181-4
Asset Name:
pb_afsr_p9absf20140331_11a