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Resource use in agriculture: Crops expected to remain more profitable than livestock in medium term

journal contribution
posted on 2023-05-17, 17:59 authored by Nelson, R, Lawrance, L
• Australia's total crop area increased in 2003-04, as producers able to take advantage of improved seasonal conditions expanded their crop areas to improve farm income following the drought of 2002-03. • Over the medium term, Australian crop areas are projected to remain slightly below the historical peaks that occurred between 1999-2000 and 2001-02, because of improved profitability in prime lamb and wool production. • Cattle numbers are projected to take several years to recover to pre-drought herd size, with only a small productivity driven increase in the medium term, mainly in extensive grazing regions.

History

Publication title

Australian Commodities

Volume

11

Pagination

27-29

ISSN

1321-7844

Department/School

Tasmanian Institute of Agriculture (TIA)

Publisher

Australia. Bureau of Resources and Energy Economics

Place of publication

Australia

Repository Status

  • Restricted

Socio-economic Objectives

Industrial crops not elsewhere classified

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    University Of Tasmania

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