7501.0 - Value of Principal Agricultural Commodities Produced, Australia, Preliminary, 2015-16 Quality Declaration 
Latest ISSUE Released at 11:30 AM (CANBERRA TIME) 23/01/2017   
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VALUE OF PRINCIPAL AGRICULTURAL COMMODITIES PRODUCED, Australia, Preliminary, year ended 30 June 2016



Value
Change in value since 2014-15
$m
%

CROPS (a)
Barley
2 172.0
-8.2
Grain sorghum
477.0
-25.7
Oats
395.8
38.6
Wheat
6 075.2
-13.5
Cotton
1 499.2
58.6

LIVESTOCK SLAUGHTERINGS AND OTHER DISPOSALS
Cattle and calves
13 086.8
13.5
Sheep and lambs
3 239.4
-1.7
Pigs
1 353.1
17.8
Poultry
2 748.4
5.3

LIVESTOCK PRODUCTS
Wool
2 964.9
10.8
Milk
4 282.2
-9.3
Total principal agriculture
38 293.9
2.8

(a) Percentage change between 2014-15 and 2015-16 is calculated using estimates with an EVAO of $40,000 or greater.

CHANGE IN COLLECTION SCOPE
  • The scope for the 2015-16 Agricultural Census was all agricultural businesses with an Estimated Value of Agricultural Operations (EVAO) of $40,000 or greater. This is a change from previous ABS rural environment and agricultural collections, where a scope of EVAO of $5,000 or greater was used. This change was foreshadowed in February 2016 in Agricultural Census: Nature and Content, 2015-16 (cat. no 7100.1).
  • This scope change impacts some components of VACP but not others. Where information is sourced from the Agricultural Census there will be an impact on these estimates, including for crops. The value of livestock disposals and livestock products (except for eggs) is sourced from other information and is not impacted by the Agricultural Census scope change.
  • For more information about EVAO and the change in scope value, refer to the Explanatory Notes within this release.

PRELIMINARY KEY POINTS
  • The gross value of Australia's wheat has fallen to $6.1 billion as national production levels decreased 6% and global export prices remained stagnant.
  • Grain sorghum gross value decreased to $477 million following the high of 2014-15, driven by lower production (down 18%) and a smaller export market.
  • Oats gross value increased 39% to $396 million, off the back of a 13% increase in national production and higher domestic and export prices.
  • The gross value of disposals of cattle and calves increased to $13.1 billion in the 2015-16 financial year, driven by high slaughter returns.
  • The national gross value of sheep and lambs has seen a slight decline, with a realised gross value of $3.2 billion.
  • The gross value of poultry has continued its upward trend in 2015-16, with a total realised gross value of $2.7 billion. There is strong domestic demand, underpinned by favourable price competition with pork and red meat.

Graph Image for Crops, Australia, Preliminary

Footnote(s): Data for 2015-16 are preliminary and may be subject to revision

Source(s): Value of Principal Agricultural Commodities Produced, Australia, Preliminary 2015-16

Graph Image for Livestock slaughterings and products, Australia

Footnote(s): Data for 2015-16 are preliminary and may be subject to revision

Source(s): Value of Principal Agricultural Commodities Produced, Australia, Preliminary 2015-16