JSON format icon JSON RDF format icon RDF ISO19115-3 XML

Australian lamb: Financial performance of slaughter lamb producing farms, 2012-13 to 2014-15

Created 12/07/2018

Updated 11/08/2023

JSON format icon JSON RDF format icon RDF ISO19115-3 XML

This report presents detailed financial performance of slaughter lamb producing farms in 2012-13, 2013-14 and 2014-15 and discusses productivity in a historical context. The report was commissioned by Meat & Livestock Australia (MLA) and expands on results that were published in Agricultural Commodities (March quarter 2015) and the Australian farm survey results 2012-13 to 2014-15 report released in March 2015.

Key Issues
• Most farms producing lambs for slaughter are mixed enterprises, deriving receipts from cropping, beef cattle, sheep and wool and from the sale of slaughter lambs. • Farm cash income of specialist slaughter lamb producing farms, those farms most reliant on lamb production, is estimated to have increased from an average of $80 900 a farm in 2013-14 to $98 300 a farm in 2014-15. This increase was mainly a result of higher prices for lambs and sheep. • Farm cash incomes and business profit of all slaughter lamb producers are estimated to have fallen in 2014-15 compared with 2013-14. Reduced grain production in 2014-15 is estimated to have resulted in lower average total receipts of slaughter lamb producing farms despite an increase in sheep and lamb receipts mainly a result of increased prices. Average farm cash income of slaughter lamb producers is estimated to have declined by 8 per cent from an average of $180 100 a farm in 2013-14 to $166 000 a farm in 2014-15, in real terms. • Farm debt of slaughter lamb producing farms averaged $649 577 a farm in 2013-14, slightly more than that in 2012-13 ($641 400). Farm debt is estimated to have reduced in 2014-15 compared with 2013-14 as a result of loan repayment and reductions in new borrowings. • Asset values and new investment remain high for slaughter lamb producing farms and while debt is also high, equity ratios and debt servicing are in line with long-term averages.

Files and APIs

Tags

Additional Info

Field Value
Title Australian lamb: Financial performance of slaughter lamb producing farms, 2012-13 to 2014-15
Language English
Licence Creative Commons Attribution 4.0 International
Landing Page https://data.gov.au/data/dataset/6e3dfbef-11e2-4b4f-897b-1295ba75e557
Contact Point
Australian Bureau of Agricultural and Resource Economics and Sciences
dataman@agriculture.gov.au
Reference Period 12/07/2018
Geospatial Coverage
Map data © OpenStreetMap contributors
{
  "coordinates": [
    151.122622,
    -25.371968
  ],
  "type": "Point"
}
Data Portal Data.gov.au