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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 | Jul 2014

After the deluge: A break in the drought led to replenished herd numbers and higher sales

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
Industry Statistics & Market Size
Revenue
$6bn
Annual Growth 10-15
-0.8%
Annual Growth 15-20
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Profit
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Employment
47,941
Businesses
29,462
Industry Analysis & Industry Trends

The Beef Cattle Farming industry has come up against some tough conditions over the past five years. Industry revenue is expected to fall at a compound annual rate of 0.8% over the five years through 2014-15, to reach $5.7 billion. Varying weather patterns, volatile input prices and issues surrounding the welfare of live animal exports have contributed to this decline. However, the Beef Cattle Farming industry is expected to grow by 1.8% in 2014-15, due to improving prices and demand conditions.

Beef cattle farmers have suffered varying weather conditions over the past five years, which has wreaked havoc on profit margins. Arid conditions in early 2009-10, particularly in northern Australia, severely reduced farm output... purchase to read more

Industry Report - Starting a New Business Chapter

Entry into the Beef Cattle Farming industry is fairly uninhibited. Generally, all inputs are readily available, producers can usually shift between agricultural activities with ease and there are often a number of cattle farms for sale. Nonetheless, there are some impediments to entry.

Potential industry participants can encounter problems raising the necessary finance for entry costs. New entrants are required to purchase cattle and agricultural land, which is rising in price. Like many agricultural industries, profitability of beef cattle farming has been falling over the long term. Moreover, farm income is declining relative to income in the non-farm sector of the economy... 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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