Industry Analysis & Industry Trends
The Grain Growing industry is highly export-oriented and includes crops such as wheat, barley, sorghum and other grains. The industry has sustained high levels of revenue volatility over the past five years, largely influenced by adverse weather conditions that have affected local supply. Fluctuations in global grain prices and global crop supply over the past five years have added to revenue volatility. Industry revenue is forecast to expand by an annualised 8.5% over the five years through 2014-15, to reach $13.8 billion. However, plummeting revenue in 2009-10 has skewed the industry's revenue growth figure over the period. Industry revenue is forecast to fall 3.8% in 2014-15, due to an anticipated reduction in the nation's grain crop... purchase to read more
Industry Report - Industry Locations Chapter
Business locations for grain production in Australia are spread between Western Australia, New South Wales, Victoria, Queensland and South Australia. Collectively, these states account for over 90.0% of both production and enterprises. Australia's two territories and Tasmania account for less than 1.0% of production and enterprise numbers and are therefore not considered particularly important to the industry.
Many broadacre crops are grown in wheat belts that receive between 230 millilitres and 380 millilitres of rainfall annually. Individual cereals vary in their tolerance of wet and dry conditions, so growing locations are generally spread out accordingly... purchase to read more