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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 | Feb 2016

Prime cut: Soaring saleyard prices and overseas demand drive up industry revenue

IBISWorld’s Beef Cattle Farming market research report provides the latest industry statistics and industry trends, allowing you to identify the products and customers driving revenue growth and profitability. The industry report identifies the leading companies and offers strategic industry analysis of the key factors influencing the market.

Report Snapshot
Market Share of Companies
There are no companies with a dominant market share
Industry Statistics & Market Size
Revenue
$13bn
Annual Growth 11-16
3.1%
Annual Growth 16-21
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Profit
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Employment
62,463
Businesses
38,184
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 all influenced industry performance over the period. Industry revenue is forecast to grow at an annualised 3.1% over the five years through 2015-16, to reach $13.5 billion. In particular, strong demand for Australian cattle and beef in export markets is expected to boost the industry over the three years through 2015-16. Industry revenue is forecast to grow by 12.0% in 2015-16, supported by ongoing high 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 Analysis Chapter

Beef cattle farmers have been at the mercy of external factors over the past five years. Fluctuating rainfall levels, volatile operating costs, varying turnoff rates and government policies in Australia and abroad have influenced earnings. Industry revenue is forecast to grow at an annualised 3.1% over the five years through 2015-16, to reach $13.5 billion. The industry has recovered from sharp declines over the two years through 2012-13, with strong revenue growth displayed over the two years through 2014-15. In particular, rising beef prices resulting from strong demand for Australian cattle and beef in export markets have helped boost farmer earnings.

Climatic factors

Beef cattle farmers are at the mercy of rainfall levels... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Beef Cattle Farming Industry?

Operators in the industry primarily farm 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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