Meat Science Commons^™

Beef Farms : Thriving Profits To Expensive Lifestyles, Bevan Kingdon, Greg Sawyer

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

Low wool prices in the last few years have stimulated interest in beef production in many areas of the State. Market sales at $500 and above for vealers sound attractive, but profitability of farms varies greatly. A BeefFarm Survey conducted by the Department of Agriculture has some interesting preliminary findings. Based on fairly modest returns for the operator's time, some farms are actually losing rather than making money on their beef enterprise, although potential profits are sizeable with good management. Interestingly, the biggest farms are not always the most efficient.

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 …