South Australian food production at record high
Food production revenue for the State of South Australia in 2010-2011 increased by almost a quarter from the previous year, achieving a record AU$13.7 billion in food industry revenue.
The figures have been published on the State’s annual ‘Food Scorecard’, compiled by the SA government department, Primary Industries and Regions SA (PIRSA).
The scorecard shows that food production has reached a record AU$4.36 billion compared to $3.5 billion in 2009-10 – an increase of 24 per cent.
According to the scorecard, a bumper grain harvest in 2010, coupled with stronger prices for livestock, saw South Australia’s gross food revenue soar.
Other highlights over the year for South Australia’s food industry included:
Processed foods growth of AU$88m (up 2 per cent on the previous year) to a record level of AU$4.6 billion.
Food exports increased at both the commodity and processed levels by over AU$1.3b (63 per cent) to reach a record AU$3.5 billion.
SA food retail and food service sales grew by AU$201m (up 2.5 per cent) to reach a record $8.4 billion.
Interstate exports declined by AU$234m (11 per cent).
South Australia’s food revenue by sector
Price and volume changes have combined to influence the performance of key industries over the year.
Field crop values rose by 76 per cent over the year due to a significant rise in the volume of wheat and barley production, combined with a strong increase in wheat and barley commodity prices.
Livestock values remained at similar levels to 2009/10, with declines in beef and pig meat being offset by increased sheep and poultry values.
Dairy values and production volumes were similar to last year.
Horticulture values fell by 6 per cent, with declines in citrus, almonds, potatoes, apples and pears.
Seafood values fell 4 per cent, with gains in southern blue fin tuna, other marine fish, other shellfish and molluscs being offset by greater falls in lobster, oysters, prawns, abalone and other aquaculture.
The push into the convenience store sector by Australian supermarkets continues with Coles launching...
Pharmaceutical giant, Bayer AG, has acquired global agricultural company, Monsanto, in a USD $66 bil...
Wesfarmers’ Target has received heavy criticism in the wake of Cyclone Debbie in Queensland over an ...
Australian shoppers will be buying up big when it comes to food this Easter says Woolworths.
Murray Goulburn dairy co-operative will be shutting three plants and wiping framer’s debts in an eff...
Coca-Cola has embarked on its largest ever sampling campaign to help launch Coca-Cola No Sugar.
ExpressPods has released its new compatible Baileys Premium Coffee Pod in Australia and New Zealand.
IF passed into law, Australia's Modern Slavery Bill will require companies with an annual turnover o...