Industry Analysis & Industry Trends
The Farm Animal Feed Production industry has endured difficult trading conditions over the past five years due to unfavourable price movements and volatile weather conditions. Industry revenue is estimated to have grown at an annualised rate of 0.5% over the past five years. Revenue is expected to increase 1.1% during 2013-14 to reach $2.1 billion. Prices for feed grains products have fluctuated substantially over the past five years in response to global production levels and prices. Greater domestic rainfall and better weather conditions have led to improved pasture conditions and reduced the demand for feed during 2009-10 and 2010-11. Lower rainfall during 2011-12 and 2012-13 increased demand and industry revenue. The major companies in the industry, which earn 90.0%... purchase to read more
Industry Report - Industry Locations Chapter
Industry establishments are largely concentrated in the eastern states of Australia: New South Wales, Victoria and Queensland. Operators are generally located close to downstream markets, which are mostly located along the eastern seaboard. According to the National Farmers' Federation, in 2010, 32.1% of Australian farms were located in New South Wales, 24.7% were in Victoria and 20.6% were in Queensland. The number of operators in these states is expected to increase over the next five years, as Australia's involvement in the global meat export market deepens.
According to IBISWorld estimates, there are no industry operators in the Australian Capital Territory and Northern Territory... purchase to read more