7501.0 - Value of Principal Agricultural Commodities Produced, Australia, Preliminary, 2014-15 Quality Declaration 
ARCHIVED ISSUE Released at 11:30 AM (CANBERRA TIME) 18/12/2015   
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VALUE OF PRINCIPAL AGRICULTURAL COMMODITIES PRODUCED, Australia, Preliminary, year ended 30 June 2015


Value
Change in value since 2013-14
$m
%
CROPS
Barley
2 285.7
-7
Grain sorghum
655.2
70
Oats
295.9
11
Wheat
6 913.8
-14
Canola
1 737.0
-18
LIVESTOCK SLAUGHTERINGS AND OTHER DISPOSALS
Cattle and calves
11 543.4
35
Sheep and lambs
3 296.4
25
Pigs
1 149.0
6
Poultry
2 609.6
11
LIVESTOCK PRODUCTS
Wool
2 675.9
6
Milk
4 722.1
0
Total principal agriculture
37 884.1
7

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.

Graph Image for Crops, Australia, Preliminary

Annotation(s): Data for 2014-15 are preliminary and may be subject to revision

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

Graph Image for Livestock slaughterings and products, Australia

Annotation(s): Data for 2014-15 are preliminary and may be subject to revision

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