Value Of Agriculture Production Down 5%: Abs

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9th February 2010, 02:35pm - Views: 710







9 February, 2010

Embargoed 11.30am Canberra Time

011/2010



Value of agriculture production down 5%: ABS


Reduced prices for major crops and livestock products led to a 5% fall in the overall value of agricultural

production, according to preliminary figures released by the Australian Bureau of Statistics (ABS) today.


Preliminary figures place the value of agriculture production for 2008-09 at $41.1 billion.


Increased production of many broadacre crops was more than offset by significant reductions in major crop

prices, resulting in overall crop values falling 7% to $22.1 billion.


Significant falls in the value of wool and milk saw the total value of livestock products down to $6.2 billion, a

drop of 16%.


The value of livestock slaughtered rose 5% to $12.8 billion with increases in the value of cattle and calves,

sheep and lambs, and poultry.


Key crop movements:


grain sorghum, down 44% to $550.1 million


hay, down 41% to $1.7 billion


grapes, down 33% to $1.1 billion


barley for grain, down 21% to $1.8 billion


wheat for grain, up 11% to $5.9 billion


Key livestock and livestock product movements:


sheep and lambs, up 15% to $2.5 billion


poultry, up 14% to $1.9 billion


cattle and calves, up 1% to $7.5 billion


wool, down 22% to $1.8 billion


milk, down 13% to $4.0 billion


Further details are in Value of Agricultural Commodities Produced, Australia, Preliminary (cat. no. 7501.0)





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When reporting ABS data, the Australian Bureau of Statistics (or ABS) must be attributed as

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