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Central Vic Agribusiness Forum Profiles

Posted by [email protected] on May 18, 2014 at 11:00 PM

The Central Victorian Agribusiness Forum (CVAF) is an incorporated body aimed at networking opportunity amongst agribusiness in our region.

A recent independent research conducted by Neil Clark Business Intelligence of Central Victoria were made available to CVAF. 

It shows;

Agriculture Production

  • total farm inputs equalling $482.6 million
  • total estimated value of agricultural operation (EVAO) equalling $784.9 million an increase of 12.% over the past 10 years (2012)
  • total food and fibre processing equalling $1.371 billion
  • With the top five EVAO’s in Central Victoria (2012) including Dairy, Mixed Farming, Grain, Pig and Crop & Plant, strong opportunities exist for our region across Asian markets.
  • the total revenue fo Agriculture, Forestry and Fishing in 2011 for Central Victoria is $656.9 million
  • 2,815 businesses in Central Victoria for Agriculture, Forestry & Fishing in 2011.
  • Of the 2,815 businesses, 35% had a turnover less than $50,000 in 2011

Farm Input Costs

  • Total farm input costs for Central Vic in 2011 was $482,662,000
  • Livestock feed and fodder supplements input cost estimates have increased by $94.7m from 1997 to 2012 ($157.6m)
  • the top five input costs include Livestock feed and fodder, repairs adn maintenance, fertiliser adn soil conditioners, fuels and lubricants, crop and pasture chemicals
  • Gross indebtedness for Central Victoria totalled $894.4m in 2012, up from $806.7m in 2011
  • Total interest is estimated at $89.4m in 2012, up from $80.7m in 2011

Food & Fibre Processing

  • The total revenue for Central Vic food and fibre is $1.371 billion
  • Of the 148,977 national employees in teh food and fibre processing ANZSIC industries 2,568 are in Central Victoria; 1.7%
  • Cure meats adn smallgoods manufacturing has the highest number of employees at 878 and also the highest revenue at $479.2m

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