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7501.0 - Value of Principal Agricultural Commodities Produced, Australia, Preliminary, 2010-11 Quality Declaration 
Previous ISSUE Released at 11:30 AM (CANBERRA TIME) 17/11/2011   
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SUMMARY OF FINDINGS

NATIONAL ESTIMATES
  • In 2010-11 the preliminary estimate of the gross value of agricultural commodities produced was $40.1 billion, an increase of 19% ($6.4 billion) from the previous year.
  • Nationally the value of crops increased by 26% in 2010-11, reversing the trend of decline witnessed in recent years.
  • The value of livestock slaughterings and other disposals rose by 8% in 2010-11 to $13.7 billion.
  • The total gross value of livestock products in Australia in 2010-11 increased by 25% compared to the previous year.

CROPS
  • The gross value of wheat in Australia increased by 60% $7.6 billion since 2009-10, due to increased average prices and production.
  • The value of wheat was greatest in New South Wales, which more than doubled to $2.9 billion in 2010-11.
  • The increase in crop value nationally was also driven by a rise in the gross values of cotton (up by 126%), rice (up by 94%), canola (up by 54%) and sorghum (up by 52%).
  • The gross value of sugarcane cut for crushing decreased by 32% to $946 million, hay by 31% to $1.1 billion and grapes by 11% to $985 million.

LIVESTOCK SLAUGHTERINGS AND OTHER DISPOSALS
  • The number of cattle and calves slaughtered was down slightly on the previous year, but average prices were up substantially resulting in an overall increase of 9% in the value of cattle and calves slaughter to $7.9 billion.
  • The value of cattle and calves slaughtered rose in all states and territories, most notably the Northern Territory (up by 27%), Tasmania (up by 22%) and Western Australia (up by 13%).
  • The gross value of sheep and lambs and poultry in Australia increased by 9% and 16% respectively, however the gross value of pigs decreased by 9% nationally.

LIVESTOCK PRODUCTS
  • The gross value of wool increased by 39% to $2.7 billion nationally, driven by large increases in Victoria (up by 57%), Western Australia (up by 34%) and New South Wales (up by 33%).
  • The gross value of eggs and milk also increased by 30% and 17% respectively.

Graph Image for Value of Principal Agricultural Commodities

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