AVERAGE cash income for specialist Australian beef farms is estimated to have increased to $255,000 in 2021–22, around 90pc above the average in real terms for the previous 10 years, according to latest analysis by ABARES.
The Bureau said despite higher incomes overall, a number of cattle farms in south-east Queensland, the Alice Springs region of the Northern Territory and the Pilbara of Western Australia recorded incomes below the longer-term average. This appears to have mainly been a result of herd rebuilding and reduced sales of cattle.
The average rate of return (excluding capital…
