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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 can be used to help you: understand market size and growth potential; major companies; draft business plans and pitch books; and conduct benchmarking and SWOT analysis. Our industry analysis highlights macro industry trends in the overall sector and micro trends faced by companies that do business in the industry. The industry report also provides key industry statistics and 5-year forecasts to anticipate future industry prospects so you can decide with confidence.

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 - Industry Analysis Chapter

The Beef Cattle Farming industry has faced challenging conditions over the past five years, similar to the majority of industries in the Agriculture subdivision. Industry revenue is expected to decline at a compound annual rate of 0.8% over the five years through 2014-15, to $5.7 billion. Volatile input prices, adverse weather conditions and issues regarding live exports have contributed to this decline. Higher domestic beef prices, a weakening Australian dollar and expanding export demand are expected to contribute to industry revenue growth of 1.8% in 2014-15.

Profitability and wage costs

Typical of an agriculture industry, profit margins have been volatile over the past five years. This is due to the industry's susceptibility to external factors... 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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