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Beef Cattle Farming in Australia: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Beef Cattle Farming Market Research Report | ANZSIC A0142 | Jun 2015

Fenced in: The industry remains at the mercy of external factors, causing revenue volatility

IBISWorld’s Beef Cattle Farming market research report is a comprehensive guide to market size and growth prospects. Our industry reports offer strategic industry analysis of the factors influencing companies, including new product developments, economic, lifestyle and demographic influences, distribution and supply chain factors and pricing issues. Full analysis accompanies our data forecasts to illustrate how the market responds to emerging industry trends.

Report Snapshot
Market Share of Companies
There are no companies with a dominant market share
Industry Statistics & Market Size
Revenue
$6bn
Annual Growth 10-15
-1.4%
Annual Growth 15-20
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Profit
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Employment
64,370
Businesses
30,028
Industry Analysis & Industry Trends

Challenging conditions have plagued the Beef Cattle Farming industry over the past five years. Varying weather patterns, fluctuating turnoff rates and government policies have influenced industry performance over the period. Industry revenue is forecast to decline by 1.4% annualised over the five years through 2014-15. However, strong demand for Australian cattle and beef in export markets is expected to boost the industry over the two years through 2014-15. Industry revenue is forecast to grow by 25.6% in 2014-15, to reach $5.5 billion, boosted by a 19.1% jump in saleyard prices.

Rainfall is the primary determinant of industry performance. Beef cattle farmers have suffered through varying weather conditions over the past five years... purchase to read more

Industry Report - Industry Products Chapter

The characteristics of beef cattle can help differentiate industry product segments as different types of cattle fulfil specific industry needs. To this end, the industry's product segmentation is based on a number of cattle characteristics such as sex, age and reproductive traits. These shares are indicative of the volume of cattle sold. Breeds of cattle vary in each segment, with breeds including Wagyu, Barkly, Angus and Brahman.

Cows and bulls

Cows and bulls are the female and male reproducers of the cattle herd that are not normally destined for slaughter. Cows are female cattle of reproductive age, while bulls are non-castrated male cattle. Weather conditions influence the number of cows and bulls sold... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Beef Cattle Farming Industry?

Farms in this industry primarily produce beef cattle. This industry excludes feedlot, mixed livestock farming and grain-sheep or grain-beef farming operations.

Industry Products
Cows and bullsCalvesHeifers and steers
 
Industry Activities
Farming beef cattleGrazing domesticated buffaloDairy cattle agistment and replacement farming


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