Data

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

data.gov.au
Australian Bureau of Agricultural and Resource Economics and Sciences (Owned by)
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ctx_ver=Z39.88-2004&rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Adc&rfr_id=info%3Asid%2FANDS&rft_id=http://data.gov.au/data/dataset/6e3dfbef-11e2-4b4f-897b-1295ba75e557&rft.title=Australian lamb: Financial performance of slaughter lamb producing farms, 2012-13 to 2014-15&rft.identifier=pb_alfpfd9aabf20150722_11a&rft.publisher=data.gov.au&rft.description=Australian lamb: Financial performance of slaughter lamb producing farms, 2012-13 to 2014-15 - KeyDocument 01 \r\n Lubulwa, M & Thompson, T 2015, Australian lamb: financial performance of slaughter lamb producing farms, 2012-13 to 2014-15, ABARES research report prepared for Meat & Livestock Australia, Canberra, July. CC BY 3.0Australian lamb: Financial performance of slaughter lamb producing farms, 2012-13 to 2014-15 - GeneralDownload 01 \r\n Lubulwa, M & Thompson, T 2015, Australian lamb: financial performance of slaughter lamb producing farms, 2012-13 to 2014-15, ABARES research report prepared for Meat & Livestock Australia, Canberra, July. CC BY 3.0Authoritative descriptive metadata for: Australian lamb: Financial performance of slaughter lamb producing farms, 2012-13 to 2014-15 - Metadata in ISO 19139 format\r\nThis 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. \r\n\r\n Key Issues \r\n• 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. \r\n• 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. \r\n• 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. \r\n• 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. \r\n• 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. \r\n&rft.creator=Australian Bureau of Agricultural and Resource Economics and Sciences&rft.date=2023&rft.coverage=Australia&rft.coverage=151.122622,-25.371968&rft_rights=Creative Commons Attribution 4.0 International http://creativecommons.org/licenses/by/4.0&rft_subject=AGRICULTURE&rft_subject=AGRICULTURE Livestock&rft_subject=Australian flock&rft_subject=Farming&rft_subject=INDUSTRY&rft_subject=INDUSTRY Primary&rft_subject=INDUSTRY Primary statistics&rft_subject=costs&rft_subject=debt&rft_subject=equity&rft_subject=farm cash income&rft_subject=financial performance&rft_subject=grain finishing of lambs&rft_subject=investment&rft_subject=lamb&rft_subject=lamb receipts&rft_subject=lamb turn-off&rft_subject=slaughter lamb producers&rft.type=dataset&rft.language=English Access the data
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Creative Commons Attribution 4.0 International
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Brief description

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.

Full description

Australian lamb: Financial performance of slaughter lamb producing farms, 2012-13 to 2014-15 - KeyDocument 01 \r\n Lubulwa, M & Thompson, T 2015, Australian lamb: financial performance of slaughter lamb producing farms, 2012-13 to 2014-15, ABARES research report prepared for Meat & Livestock Australia, Canberra, July. CC BY 3.0
Australian lamb: Financial performance of slaughter lamb producing farms, 2012-13 to 2014-15 - GeneralDownload 01 \r\n Lubulwa, M & Thompson, T 2015, Australian lamb: financial performance of slaughter lamb producing farms, 2012-13 to 2014-15, ABARES research report prepared for Meat & Livestock Australia, Canberra, July. CC BY 3.0
Authoritative descriptive metadata for: Australian lamb: Financial performance of slaughter lamb producing farms, 2012-13 to 2014-15 - Metadata in ISO 19139 format\r\n

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151.12262,-25.37197

151.122622,-25.371968

text: Australia

Subjects
AGRICULTURE | AGRICULTURE Livestock | Australian flock | Farming | INDUSTRY | INDUSTRY Primary | INDUSTRY Primary statistics | costs | debt | equity | farm cash income | financial performance | grain finishing of lambs | investment | lamb | lamb receipts | lamb turn-off | slaughter lamb producers |

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Identifiers
ACN 633 798 857