Business Commons^™

Something Fishy Is Going On - Aquaculture, David Berry

Journal of the Department of Agriculture, Western Australia, Series 4

Aquaculture id Australia's fastest growing primary industry. Product from fish farms is currently valued at $399 million, forecast to exceed $5oo million by 2000.

Whilst the figure pales into insignificance alongside world production (about $45 billion) it does represent a huge window of opportunity for prospective investors and for Australian primary producers who are keen to diversify.

David Berry reports on the prospects for yabbie and marron farming in Western Australia.

Diversification In The Woolbelt, John Allen

Journal of the Department of Agriculture, Western Australia, Series 4

The productivity and diversification initiative for wool growers incorporates two leves of diversification.

Greatest emphasis is placed on industry wide increases in cropping intensity and in the range of crop types grown.

The second level involves non-traditional, alternative enterprises, each offering prospects for expansion of a limited number of wool growing businesses, suited to particular parts of the woolbelt.

The alternative enterprises include floriculture, aquaculture, export hay, farm tourism, commercial timber, horticulture and new animal industries.

Tough Times Call For A Review Of Farm Business Performance, Martin Van Bueren, John Young

Journal of the Department of Agriculture, Western Australia, Series 4

Most Australian farm businesses specialising in wool production are operating at a loss at current wool prices. After both short term operating and long term costs of capital depreciation are accounted for, only a small number of wool growers are able to make a profit with the wool market indicator below 500c/kg.

Poor prices have stimulated wool growers to review their operations and look to ways of improving cash flow in the short term, such as diversifying into cropping. The downturn should also prompt growers to address the longer term trends of declining terms of trade and historically poor productivity …

Floriculture : A Blooming Business, Department Of Agriculture And Food, Western Australia

Journal of the Department of Agriculture, Western Australia, Series 4

Over the past 1O years, Western Australia's ornamental plant industry has experienced significant growth in value. The industry has expanded and adopted new technologies, but some enterprises have closed There have also been major changes reflecting the economic climate and conservation pressures.

The ornamental plant industry in this State is valued at more than $70 million annually. It encompasses three areas: nursery production, exotic cutflower production, and native cutllower production. The native cutflower industry is by far the largest growth sector.

The Economic Potential Of Cashmere Production, A T. Kelly

Journal of the Department of Agriculture, Western Australia, Series 4

Although the cashmere industry has developed rapidly in eastern Australia, development in Western Australia has lagged behind because of local restrictions on the use of feral goats. However, recently the Agricultural Protection Board has eased these restrictions.

In Western Australia there are about 30 to 40 producers with commercial cashmere flocks, involving a total of 7,500 to 10,000 goeats. In most agricultural areas where sheep production occurs, cashmere production is also possible.

In the following article, A. T. Kelly, an adviser with the Marketing and Economics Branch, discusses the economic potential of cashmere production in this State and compares …

Trends In Viticultural Production, W R. Jamieson

Journal of the Department of Agriculture, Western Australia, Series 4

The viricultural industries are in one of their cyclical downturns. This is nothing new!

What is new is that new factors are coming into play whose exact significance is unknown but will have an important bearing on the economics of a viticultural enterprise.

Last Resort Loans For Farmers, J Ripley

Journal of the Department of Agriculture, Western Australia, Series 4

Several sources of finance are available to help fsrmers survive through a crisis.

One source of last resort is Rural Adjustment Authority.

Economics Of Vine Growing, K R. Rutter

Journal of the Department of Agriculture, Western Australia, Series 4

Heavy demands are made on capital and labour recources throughout the five year dvelopment phase of a vineyard.

Labour and capital requirements vary considerably, but the following gives a look at one example of the costs involved.

Sheep Programmes For Esperance Settlers With Limited Finance, R J. Doyle, G. D. Oliver

Journal of the Department of Agriculture, Western Australia, Series 4

FARMING in the Esperance region has now passed through the phase of experimentation into the phase of consolidation.

But not all new settlers are prosperous.

On occasions, a lifetime ambition to own and operate a farm has ended in failure because the settler has been forced through economic circumstances to give up his block.

Too often this follows the unequal struggle of trying to develop a block with too little capital.