IDEAS home Printed from https://ideas.repec.org/p/ags/aare10/59095.html
   My bibliography  Save this paper

How Profitable is Farm Business in Australia? Farm Performance Data and Some Implications from ABARE Broadacre and Dairy Industries Farm Surveys

Author

Listed:
  • Lagura, Erwin
  • Ronan, Glenn

Abstract

Time series data on farm profitability for Australia and South Australia from ABARE’s farm surveys, shows a minority of businesses consistently profitable and a majority not. The paper finds evidence of prevalent and persistent negative farm profit in both available long-run data (1990-2007) and more recent data (2006-09). Trends in several structural change elements, productivity, farm size and age of operators, are also examined to aid the interpretation of farm economic performance in agri-food. The paper concludes with several contemporary examples of public policy distorting the structure and performance of the farm sector and spoiling the usefulness of profitability as an indicator of sectoral performance. Policies on hobby farming tax benefits, drought, and agribusiness managed investment schemes policy are discussed in this context

Suggested Citation

  • Lagura, Erwin & Ronan, Glenn, 2010. "How Profitable is Farm Business in Australia? Farm Performance Data and Some Implications from ABARE Broadacre and Dairy Industries Farm Surveys," 2010 Conference (54th), February 10-12, 2010, Adelaide, Australia 59095, Australian Agricultural and Resource Economics Society.
  • Handle: RePEc:ags:aare10:59095
    as

    Download full text from publisher

    File URL: http://ageconsearch.umn.edu/record/59095/files/Lagura_Ewin.pdf
    Download Restriction: no

    More about this item

    Keywords

    Agribusiness;

    NEP fields

    This paper has been announced in the following NEP Reports:

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ags:aare10:59095. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (AgEcon Search). General contact details of provider: http://edirc.repec.org/data/aaresea.html .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.