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Industry Report - Agriculture

Industry gross value added

Agriculture, forestry and fishing
Industry gross value added in agriculture, forestry and fishing fell 5.4% in seasonally adjusted terms in the September 2012 quarter, down from -0.5% growth in the June quarter. There was a decrease of 5.5% in the agriculture sector, with a drop of 4.7% for forestry and fishing. By comparison, Australia’s gross value added rose by 0.3% for the September quarter, with Australia’s GDP rising by 0.5% overall for the quarter, seasonally adjusted.
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Wheat stocks

Australia’s wheat stocks decreased by 1,991 thousand tonnes in September, with wheat stocks now at 7.1 million tonnes. Stocks are currently 14.1% lower than at the same time last year. Of the wheat grain stored by bulk grain handlers, some 69% was graded for milling, with 31% graded for feed. With the Australian wheat harvest season now concluded, wheat stocks fell in all states and territories in September 2012. The most significant decrease was reported in New South Wales, where wheat stocks fell 23.6%.

Livestock products

In seasonally adjusted terms, there was a 1.6% increase in lambs slaughtered in the September quarter 2012. In the same time period, cattle slaughtered rose 5.1% and pigs slaughtered fell 2.4%. The estimate for live sheep exports in original terms fell by 30.3% in the September quarter, with a 20.3% decrease in cattle exports over the same time period. However compared to September 2011 live sheep exports were down 20.6%, compared to a 10.2% increase in live cattle exports.
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Sensis does not warrant the accuracy of data supplied by third parties. 1. Sensis® Business Index Sweeney Research, November 2012. 2. Australian Bureau of Statistics Catalogue 5206.0, September 2012. 3. Australian Bureau of Statistics Catalogue 8501.0, November 2012. ® & ™ Registered trade mark and trade mark of Telstra Corporation Limited (ABN 33 051 775 556). Sensis Pty Ltd (ABN 30 007 423 912) has responsibility for production of Yellow Pages® and White Pages® directories and related products on behalf of Telstra Corporation Limited. © Telstra Corporation Limited 2013.