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The contribution of agriculture to the Australian economy can be measured in a number of ways. The most direct measurement available is the gross value of agricultural production for the year ending 30 June. In 2002-03 the estimate of gross value of agricultural production in current prices was $32.6b.
Table 14.6 shows the gross value of agricultural commodities produced for the years 1997-98 to 2002-03. The values shown are the values of recorded production at the wholesale prices realised in the principal marketplace. Also shown are chain volume indexes of the value of production, which provide an indication of the change in value after the direct effects of price changes are eliminated. Chain volume measures are discussed in the section Chain volume or 'real' GDP, Chapter 29 National accounts.
14.6 AGRICULTURAL COMMODITIES PRODUCED, Gross value and chain volume index(a)
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| | 1997-98 | 1998-99 | 1999-2000 | 2000-01 | 2001-02 | 2002-03 |
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GROSS VALUE OF COMMODITIES PRODUCED (Current prices) ($m) |
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Crops | | | | | | |
| Barley for grain | 1,032.0 | 835.5 | 864.8 | 1,343.5 | 1,724.8 | 984.2 |
| Oats for grain | 223.3 | 156.6 | 118.4 | 138.4 | 251.3 | 209.7 |
| Wheat for grain | 3,801.5 | 4,011.0 | 4,831.2 | 5,130.4 | 6,356.3 | 2,691.9 |
| Other cereal grains | 702.1 | 810.9 | 750.4 | 881.2 | 989.0 | 723.6 |
| Sugar cane cut for crushing | 1,247.7 | 1,044.1 | 881.9 | 656.7 | 989.1 | 1,018.9 |
| Fruit and nuts | 1,586.8 | 1,763.0 | 1,761.1 | 2,041.5 | 2,129.7 | 2,216.1 |
| Grapes | 998.2 | 1,200.1 | 1,118.2 | 1,517.5 | 1,577.7 | 1,370.8 |
| Vegetables | 1,812.3 | 1,864.4 | 1,861.9 | 2,182.6 | 2,268.5 | 2,125.6 |
| All other crops(b) | 3,904.3 | 4,540.7 | 4,735.1 | 4,642.4 | 5,116.3 | 4,134.1 |
| Total | 15,308.2 | 16,226.3 | 16,923.0 | 18,534.2 | 21,402.7 | 15,474.9 |
Livestock slaughterings and other disposals | | | | | | |
| Cattle and calves | 4,138.2 | 4,476.6 | 5,048.7 | 6,430.6 | 7,142.4 | 6,411.1 |
| Sheep and lambs | 1,062.2 | 1,053.5 | 1,053.5 | 1,401.8 | 2,117.6 | 2,036.9 |
| Pigs | 709.8 | 689.7 | 791.7 | 822.3 | 967.7 | 911.3 |
| Poultry | 1,053.6 | 1,018.5 | 1,030.8 | 1,060.2 | 1,174.9 | 1,280.5 |
| Total(c) | 6,991.9 | 7,255.8 | 7,944.2 | 9,737.8 | 11,434.5 | 10,676.0 |
Livestock products | | | | | | |
| Wool | 2,753.9 | 2,141.0 | 2,149.2 | 2,541.2 | 2,713.2 | 3,317.8 |
| Milk | 2,817.0 | 2,899.6 | 2,845.2 | 3,053.3 | 3,717.1 | (d)2,795.2 |
| Eggs | 347.5 | 337.1 | 321.4 | 332.7 | 320.4 | (d)294.0 |
| Total(e) | 5,957.8 | 5,411.8 | 5,353.7 | 5,964.7 | 6,750.7 | 6,412.1 |
Total value(e) | 28,258.0 | 28,893.9 | 30,220.9 | 34,236.7 | 39,587.9 | 32,563.0 |
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CHAIN VOLUME INDEX OF GROSS VALUE OF COMMODITIES PRODUCED (Index number) |
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Crops | | | | | | |
| Barley for grain | 166.4 | 154.9 | 130.2 | 174.5 | 214.2 | 100.0 |
| Oats for grain | 170.3 | 187.9 | 116.8 | 109.7 | 149.8 | 100.0 |
| Wheat for grain | 181.9 | 213.4 | 246.1 | 219.8 | 241.6 | 100.0 |
| Other cereal grain | 132.9 | 168.5 | 164.5 | 187.0 | 150.4 | 100.0 |
| Legumes for grain | 190.4 | 205.3 | 204.6 | 111.9 | 118.1 | 100.0 |
| Oilseeds | 108.4 | 225.5 | 297.9 | 217.3 | 213.5 | 100.0 |
| Sugar cane cut for crushing | 112.0 | 105.2 | 113.5 | 85.3 | 86.4 | 100.0 |
| Cotton | 184.5 | 178.3 | 184.5 | 182.8 | 185.5 | 100.0 |
| Nursery production | 67.6 | 88.2 | 108.4 | 111.2 | 112.7 | 100.0 |
| Fruit and nuts | 83.2 | 81.4 | 92.9 | 103.5 | 99.4 | 100.0 |
| Grapes | 66.3 | 81.6 | 83.8 | 103.6 | 114.0 | 100.0 |
| Vegetables | 88.8 | 93.4 | 105.1 | 112.4 | 109.9 | 100.0 |
| All other crops(b) | 108.0 | 122.9 | 106.0 | 116.1 | 115.8 | 100.0 |
| Total | 117.2 | 130.5 | 141.4 | 139.7 | 145.6 | 100.0 |
Livestock slaughterings and other disposals | | | | | | |
| Cattle and calves | 93.6 | 96.2 | 96.7 | 100.8 | 96.6 | 100.0 |
| Sheep and lambs | 94.9 | 96.3 | 103.8 | 113.6 | 107.8 | 100.0 |
| Pigs | 81.6 | 86.1 | 86.5 | 86.8 | 94.1 | 100.0 |
| Poultry | 86.6 | 90.2 | 94.5 | 89.8 | 96.8 | 100.0 |
| Total(c) | 92.0 | 94.9 | 97.0 | 100.2 | 98.3 | 100.0 |
Livestock products | | | | | | |
| Wool | 127.5 | 127.0 | 129.5 | 118.3 | 107.5 | 100.0 |
| Milk | 91.4 | 98.5 | 105.0 | 102.1 | 109.2 | (d)100.0 |
| Eggs | 94.2 | 99.1 | 95.3 | 103.7 | 98.0 | (d)100.0 |
| Total(e) | 105.2 | 109.0 | 113.5 | 108.5 | 107.8 | 100.0 |
Total(e) | 105.2 | 113.4 | 120.1 | 119.5 | 121.4 | 100.0 |
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(a) Chain volume indexes reflect the change in volume of production between two periods, enabling a comparison of the value of production between the periods without it being affected by any change in price between the periods. To obtain a measure of the value of production at 2002-03 prices for a commodity in this table for an earlier period, multiply the reference year (2002-03) value of the commodity by the chain volume index value of that commodity for the earlier period, and divide by 100.
(b) Includes pastures and grasses. Excludes crops for green feed and silage.
(c) Includes other livestock.
(d) Excludes NT.
(e) Includes milk and eggs for NT for 2002-03, and honey and beeswax prior to 2001-02.
Source: Agricultural Commodities, Australia (7121.0); Value of Agricultural Commodities Produced, Australia (7503.0). |
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