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 - Industry Key Buyers Chapter
The Beef Cattle Farming industry is characterised by a low level of market share concentration. The industry is highly fragmented, with the top four players accounting for well under 40% of industry revenue. The overwhelming majority of operators in the industry are non-employing family businesses, with work carried out by the farm owner and occasionally their family members. It is estimated that over 85% of industry players fall into this category.
Industry concentration has remained stable over the past five years, with the fall in establishments similar to the fall in businesses. Some merger and acquisition activity has occurred over the past five years. For example, Lake Woods Holdings acquired the private Cooinda Station in Queensland in 2011... purchase to read more