1301.0 - Year Book Australia, 2006  
ARCHIVED ISSUE Released at 11:30 AM (CANBERRA TIME) 20/01/2006   
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Contents >> Chapter 14 - Agriculture >> Gross value of agricultural commodities produced

GROSS VALUE OF AGRICULTURAL COMMODITIES PRODUCED

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 2003-04 the estimate of gross value of agricultural production in current prices was $36.9 billion (b).

Table 14.6 shows the gross value of agricultural commodities produced for the years 1998-99 to 2003-04. 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 Chain volume or 'real' GDP in the National accounts chapter.

14.6 AGRICULTURAL COMMODITIES PRODUCED, Gross value and chain volume index(a)
1998-99
1999-2000
2000-01
2001-02
2002-03
2003-04
GROSS VALUE OF COMMODITIES PRODUCED (Current prices) ($m)
Crops
Barley for grain
835.5
864.8
1,343.5
1,724.8
984.2
1,750.1
Oats for grain
156.6
118.4
138.4
251.3
209.7
278.7
Wheat for grain
4,011.0
4,831.2
5,130.4
6,356.3
2,691.9
5,635.8
Other cereal grains
810.9
750.4
881.2
989.0
723.6
823.2
Sugar cane cut for crushing
1,044.1
881.9
656.7
989.1
1,018.9
854.1
Fruit and nuts
1,763.0
1,761.1
2,041.5
2,129.7
2,216.1
2,183.8
Grapes
1,200.1
1,118.2
1,517.5
1,577.7
1,370.8
1,688.8
Vegetables
1,864.4
1,861.9
2,182.6
2,268.5
2,125.6
2,355.5
All other crops(b)
4,540.7
4,735.1
4,642.3
5,116.3
4,134.1
4,920.7
Total
16,226.3
16,923.0
18,534.2
21,402.7
15,474.9
20,490.7
Livestock slaughterings and other disposals
Cattle and calves
4,476.6
5,048.7
6,430.6
7,142.4
6,411.1
6,658.8
Sheep and lambs
1,053.5
1,053.5
1,401.8
2,117.6
2,036.9
2,038.8
Pigs
689.7
791.7
822.3
967.7
911.3
878.9
Poultry
1,018.5
1,030.8
1,060.2
1,174.9
1,280.5
1,280.8
Total(c)
7,255.8
7,944.2
9,737.8
11,434.5
10,676.0
10,896.0
Livestock products
Wool
2,141.0
2,149.2
2,541.2
2,713.2
3,317.8
2,396.5
Milk(d)
2,899.6
2,845.2
3,053.3
3,717.1
2,795.2
2,808.7
Eggs(d)
337.1
321.4
332.7
320.4
294.0
335.5
Total(e)
5,411.8
5,353.7
5,964.7
6,750.7
6,412.1
5,540.7
Total value(e)
28,893.9
30,220.9
34,236.7
39,587.9
32,563.0
36,927.4
CHAIN VOLUME INDEX OF GROSS VALUE OF COMMODITIES PRODUCED (Index number)
Crops
Barley for grain
57.7
48.5
64.9
79.7
37.2
100.0
Oats for grain
89.1
55.4
52.0
71.1
47.4
100.0
Wheat for grain
82.1
94.7
84.6
93.0
38.8
100.0
Other cereal grain
102.2
99.8
113.4
91.3
60.7
100.0
Legumes for grain
108.6
108.2
59.2
62.5
52.9
100.0
Oilseeds
110.3
145.6
106.3
104.4
48.9
100.0
Sugar cane cut for crushing
103.6
111.8
84.0
85.0
100.0
100.0
Cotton
197.6
204.4
202.5
205.5
110.8
100.0
Nursery production
91.0
111.9
114.7
116.3
103.2
100.0
Fruit and nuts
81.8
93.3
104.0
99.9
100.5
100.0
Grapes
60.8
62.4
77.1
84.9
74.5
100.0
Vegetables
83.6
94.1
100.6
98.3
89.5
100.0
All other crops(b)
83.5
72.0
78.8
78.7
67.9
100.0
Total
83.5
90.5
89.4
93.1
64.1
100.0
Livestock slaughterings and other disposals
Cattle and calves
101.5
102.0
106.3
101.9
105.5
100.0
Sheep and lambs
106.1
114.3
125.2
118.8
110.2
100.0
Pigs
89.0
89.4
89.8
97.3
103.4
100.0
Poultry
89.6
93.9
89.2
96.2
99.4
100.0
Total(c)
100.0
102.2
105.6
103.6
105.4
100.0
Livestock products
Wool
135.6
138.2
126.2
114.7
107.6
100.0
Milk(d)
101.0
107.7
104.7
111.9
102.5
100.0
Eggs(d)
97.9
94.3
102.5
96.9
98.9
100.0
Total(e)
113.9
118.6
113.3
112.6
104.8
100.0
Total(e)
91.3
96.8
96.2
97.8
80.7
100.0
(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 2003-04 prices for a commodity in this table for an earlier period, multiply the reference year (2003-04) 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 in 2002-03.
(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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