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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 | Oct 2014

Weather permitting: Fluctuations in rainfall affect cattle herd numbers

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
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 Investment Chapter

The industry's low wage costs indicate a moderately capital-intensive industry. For every dollar spent on wages, an estimated $0.23 is spent on capital. However, owner-operators carry out the vast majority of labour tasks required by the industry. Since many farmers do not pay themselves a wage, the industry's wage expenses under-represent the actual income earned per employee. When the cost of imputed labour is accounted for, it is clear the industry relies heavily on labour. Thus, the capital intensity of the industry is expected to be low.

Cattle farmers rely on machinery to maintain pastures that cattle graze in, equipment for branding, electric cattle tagging and vehicles to travel around large properties... 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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