VALUE OF PRINCIPAL AGRICULTURAL COMMODITIES PRODUCED, Australia, Preliminary, year ended 30 June 2015
Change in value since 2013-14
LIVESTOCK SLAUGHTERINGS AND OTHER DISPOSALS
Cattle and calves
Sheep and lambs
Total principal agriculture
PRELIMINARY KEY POINTS
The gross value of wheat in Australia has fallen to $6.9 billion, with production in Western Australia returning to more normal levels after a bumper crop in 2013-14.
Canola gross value has declined 18 per cent to $1.7 billion off the back of low production and a reduction in international demand. The decline has been seen across most states with the exception of South Australia and Tasmania.
Sorghum has seen a 70 per cent increase in gross value to $655 million driven by increased production in Queensland and exports continuing to attract a premium price.
The gross value of disposals of cattle and calves increased rapidly from $8.5 billion in 2013-14 to $11.5 billion in 2014-15, driven by higher prices for cattle products following strong international demand.
The national gross value of sheep and lambs has risen to $3.3 billion to continue the 4 year high. This increase was mainly driven by a high rate of turn-off in spring which led to lower lamb availability in the 2014-15 summer.
Annotation(s): Data for 2014-15 are preliminary and may be subject to revision
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