ad6056b5-cb6c-4cdd-a4d2-3792577890cc urn:uuid English UTF-8 nonGeographicDataset nonGeographicDataset 2018-07-12T05:48:46 creation ISO 19115 2016 Australian grains: financial performance of grain producing farms 2012-13 to 2014-15 ad6056b5-cb6c-4cdd-a4d2-3792577890cc Overview The report was commissioned by the Grains Research and Development Corporation (GRDC). The report draws on data from the ABARES annual Australian Agricultural and Grazing Industries Survey (AAGIS) to provide an overview of production, financial performance and productivity growth of the Australian grains, oilseed and pulse industry from 2012-13 to 2014-15. Key Issues • Farm cash income in all three Grains Research and Development Corporation (GRDC) regions is estimated to have declined in 2014-15 as a result of a reduction in winter grain yields and lower prices for wheat, oilseeds and pulses. • Incomes of Australian grain producing farms have been relatively high in recent years, compared with incomes recorded historically. • For Southern region grain producing farms, farm cash income is estimated to have decreased in 2014-15 to average $184 000 a farm; 43 per cent above the 10-year average to 2013-14 of $129 000 a farm in real terms. • Similarly for Western region grain producing farms, farm cash income is estimated to have decreased in 2014-15 to average $262 000 a farm; 24 per cent above the 10-year average to 2013-14 of $211 000 in real terms. • Dry seasonal conditions in the Northern region have resulted in estimated farm cash income of grain producing farms falling to average $79 000 a farm in 2014-15, around 24 per cent below the 10-year average to 2013-14 of $105 000 a farm in real terms. If realised, this would be the lowest farm cash income for Northern region grain growing farms since 2006-07. • Nationally, farm cash income of grain producing farms increased from $189 590 in 2012-13 to $213 100 in 2013-14. In 2014-15 farm cash income is estimated to have declined to average $171 000 a farm, around 24 per cent above the 10-year average to 2013-14 of $137 000 in real terms. Australia 151.122622 151.122622 -25.371968 -25.371968 Agricultural Commodities Australian farm survey results 2012-13 to 2014-15 Australian grains Farming GRDC Grains Research and Development Corporation agroecological region farm financial performance financial performance grain producing farms grain production grain stocks production information seasonal conditions wheat yields Australian grains: financial performance of grain producing farms 2012-13 to 2014-15 - Report documentDigital KeyDocument 01 This report presents the detailed financial performance of grain producing farms from 2012-13 to 2014-15 and discusses recent farm financial performance and productivity in a historical context. The report draws on data from the ABARES annual Australian Agricultural and Grazing Industries Survey (AAGIS) to provide an overview of production, financial performance and productivity growth of the Australian grains, oilseed and pulse industry. The GRDC funded the preparation of this report and partly funded AAGIS. word Australian grains: financial performance of grain producing farms 2012-13 to 2014-15 - Report documentDigital GeneralDownload 01 This report presents the detailed financial performance of grain producing farms from 2012-13 to 2014-15 and discusses recent farm financial performance and productivity in a historical context. The report draws on data from the ABARES annual Australian Agricultural and Grazing Industries Survey (AAGIS) to provide an overview of production, financial performance and productivity growth of the Australian grains, oilseed and pulse industry. The GRDC funded the preparation of this report and partly funded AAGIS. PDF Authoritative descriptive metadata for: Australian grains: financial performance of grain producing farms 2012-13 to 2014-15 documentDigital Metadata in ISO 19139 format XML