7503.0 - Value of Agricultural Commodities Produced, Australia, 2014-15

ARCHIVED ISSUE Released at 11:30 AM (CANBERRA TIME) 23/03/2016

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KEY FIGURES

VALUE OF AGRICULTURAL COMMODITIES PRODUCED, Australia, year ended 30 June 2015

		Value	Change in value since 2013-14
		$m	%

	CROPS
Wheat		7 124.1	-10.9
Oats		299.7	12.0
Barley		2 416.7	-1.5
Sorghum		665.8	73.2
Rice		272.7	-2.1
Cotton lint (irrigated and non-irrigated)		958.4	-52.2
Canola		1 782.4	-16.3
Sugar cane cut for crushing		1 304.6	6.4
Nurseries, cut flowers and cultivated turf		1 251.6	0.4
Fruit and nuts (excl. grapes)		3 512.1	10.2
Grapes (total)		1 108.1	10.5
Vegetables		3 350.3	-4.6
Total crops		26 758.2	-5.0

	LIVESTOCK SLAUGHTERINGS AND OTHER DISPOSALS
Cattle and calves		11 530.5	35.0
Sheep and lambs		3 296.4	24.8
Pigs		1 149.0	6.3
Poultry		2 609.6	11.3
Other livestock		154.3	36.3
Total livestock slaughterings and other disposals		18 739.7	27.3

	LIVESTOCK PRODUCTS
Wool		2 675.9	5.8
Milk		4 722.1	-0.2
Eggs		728.8	2.7
Total livestock products		8 126.8	2.0

Total agriculture		53 624.8	5.4

Footnote(s): (a) Due to confidentiality restrictions some data may not be published. See Explanatory Notes for more information.

Source(s): Value of Agricultural Commodities Produced, Australia, 2014-15

Footnote(s): (a) Due to confidentiality restrictions some data may not be published. See Explanatory Notes for more information.

Source(s): Value of Agricultural Commodities Produced, Australia, 2014-15

KEY POINTS

The gross value of Australian agriculture increased by $2.8 billion to $53.6 billion in 2014-15, despite large areas of the country reporting very dry conditions for much of the year.
The gross value of livestock slaughtering and other disposals increased by $4.0 billion to $18.7 billion while the gross value of crop production decreased by $1.4 billion to $26.8 billion.
Higher farm gate prices, due to strong international demand, were the main drivers for the increase in the gross value of livestock slaughtering and other disposals.
The value of cattle and calf slaughterings and other disposals increased by $3.0 billion to $11.5 billion and the value of sheep and lamb slaughterings and other disposals increased by $655 million to $3.3 billion.
Reductions in cotton and wheat production, due to unfavourable growing conditions and a lack of water for irrigation, were the main drivers for the decrease in the gross value of crops - although timely rains later in the year and strong export demand, which supported higher prices, resulted in increased value in the production of sorghum.
The value of cotton decreased by $1.0 billion to $958 million and the value of wheat decreased by $874 million to $7.1 billion while the value of sorghum increased by $282 million to $666 million.