Cover image for AustBeef_2015_v1.0.0.docx
AustBeef_2015_v1.0.0.docx
Resource Name:
AustBeef_2015_v1.0.0.docx
File Size:
2.18 MB
Resource Type:
Word 2007 OOXML Documents
Metadata
Title:
Australian beef: Financial performance of beef cattle producing farms, 2012-13 to 2014-15
Series:
Australian Beef
Series Issue:
15.5
Publication Date:
06/08/2015
Description:
This report presents the detailed financial performance of beef cattle producing farms in 2012-13, 2013-14 and 2014-15 and discusses incomes, investment, farm debt, costs of beef production in a historical context. It draws heavily on data from the ABARES annual Australian Agricultural and Grazing Industries Survey (AAGIS). The report was commissioned by Meat & Livestock Australia (MLA). Key Issues * Farm cash incomes of beef cattle producing farms increased strongly in 2014-15 as a result of increased cattle prices and the highest beef cattle turn-off in 36 years. * In northern Australia, farm cash income for beef cattle producing farms is estimated to have increased from an average of $74 700 a farm in 2013-14 to an average of $148 000 a farm in 2014-15. This is around 50 per cent above the average for the previous 10 years, in real terms. * In southern Australia, farm cash income of specialist beef cattle producing farms, those farms mainly reliant on beef cattle production, is estimated to have increased from an average of $38 100 a farm in 2013-14 to $64 000 a farm in 2014-15. This is around 35 per cent above the average for the 10 years ending 2013-14. * Part of the increase in farm cash incomes has been achieved through reduced cattle herds as cattle turn-off increased in response to dry seasonal conditions and higher cattle prices. As a result, farm business profits remained below the average for the 10 years ending 2013-14.
Resource URL Description:
0 : Australian beef: Financial performance of beef cattle producing farms, 2012-13 to 2014-15 - Report - MS Word [2.2 MB]

1 : Australian beef: Financial performance of beef cattle producing farms, 2012-13 to 2014-15 - Report - PDF [3.4 MB]
Publisher:
ABARES : Australian Bureau of Agricultural and Resource Economics and Sciences : Department of Agriculture
Author:
MARTIN_Peter
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. http://creativecommons.org/licenses/by/3.0/au

Other constraints: This publication (and any material sourced from it) should be attributed as: Martin, P 2015, Australian beef: financial performance of beef cattle producing farms, 2012-13 to 2014-15, ABARES research report prepared for Meat & Livestock Australia, Canberra, July. CC BY 3.0
Identifier:
ISBN 978-1-74323-249-1

ISSN 1447-8358
Asset Name:
pb_abfpfd9aabf00420150805_11a