Total Crop Values In 2016-17 Up By 20 % Compared With Previous Year

Total Crop Values In 2016-17 Up By 20 % Compared With Previous Year

Australian Bureau Of Statistics

Bumper Crop Production For 2016-17

Victor P Taffa

Australian agriculture had a bumper year in 2016-17, according to data released today by the Australian Bureau of Statistics (ABS) which showed a 9 % increase in value to $60.8 Billion.

ABS Director of Environment and Agriculture Statistics, Lauren Binns, said the data confirmed that 2016-17 was a good year for agriculture with above average yields and record production for many broadacre crops such as wheat, barley and canola.

“Total crop values in 2016-17 rose by one fifth (20 %) compared with the previous year, while total livestock values were steady overall.” Ms. Binns said.

Many farmers reported crop yields being at ‘once in a lifetime’ levels, with records broken in most states for key commodities. Compared with the previous year, the value of wheat grew by nearly one fifth (19 %) to $7.3 Billion in 2016-17, with production up by 43 %.

Value of barley rose by 17 % to $2,658 Million with production up by half on the previous year. The value of canola, meanwhile, rose by nearly two thirds (63 %) to $2,412 Million.

Sugarcane was another star performer. Strong export demand and good prices for sugar resulted in an increase in value of more than one quarter (27 %) to $1,624 Million in 2016-17.

Results were more mixed for livestock. The value of livestock products was largely steady with a strong result for wool (up 17 % to $3.5 Billion) offsetting falls in milk (down 14 % to $3.7 Billion).

Declines in the value of livestock disposals were largely due to re-stocking. For example, the beef cattle herd increased 6 % to 23.6 Million head in 2016-17 compared with the previous year, although there was a continuing decline in the dairy herd (2 %) to 2.6 Million head.

Gross value of Australia’s agricultural production: $60.8 Billion in 2016-17 (up 9 % on 2015-16).