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QUALITY DECLARATION - SUMMARY
This publication contains preliminary estimates from the 2016-17 Value of Agricultural Commodities Produced (VACP) Collection. The value estimates in this publication are derived by the multiplication of price and quantity of agricultural commodities. Price data refer to the average unit value of a given commodity realised in the marketplace. Price information is obtained from ABS collections, as well as from non-ABS sources, including marketing authorities and industry sources.
Preliminary estimates from the 2016-17 Rural Environment and Agricultural Commodities Survey (REACS) will be presented in:
Principal Agricultural Commodities, Australia, Preliminary, 2016-17 (cat. no. 7111.0) which contains detailed statistics on principal crop area and production and livestock numbers. The publication presents data on a national, state and territory basis. Final estimates that also include sub-state level data will be released in Agricultural Commodities, Australia, 2016-17 (cat .no. 7121.0) in mid 2018.
Preliminary estimates from the VACP Collection will be published within twelve months of the reference period, and at the same time as the preliminary agricultural production estimates from the 2016-17 REACS which can be found in Principal Agricultural Commodities, Australia, Preliminary, 2016-17 (cat. no. 7111.0). Final estimates from the 2016-17 VACP Collection will be released in Value of Agricultural Commodities Produced, Australia, 2016-17 (cat no. 7503.0) in mid 2018.
Gross Value of Irrigated Agricultural Production (cat. no. 4610.0.55.008) will be published in late 2018.
The scope for the 2016-17 REACS was all agricultural businesses with an Estimated Value of Agricultural Operations (EVAO) of $40,000 or greater. This is a change from previous ABS REACS collections, where a scope of EVAO of $5,000 or greater was used, and is a continuation of the scope used in the 2015-16 Agricultural Census. For more information about EVAO, refer to the Explanatory Notes within this release.
As a result of the change in scope for the 2016-17 REACS, some components of VACP will not be directly comparable to previously published VACP outputs prior to 2015-16. To address this, a set of estimates has been produced for a number of VACP releases from 2010-11 to 2014-15 using an EVAO of $40,000 or greater. These estimates are now available at the national, state/territory levels on the ABS website.
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