Since 2007 ABARES has conducted an annual survey of vegetable-growing farm businesses to provide industry and government with information about farm-level production and the financial situation of vegetable growers. These web-reports present estimates of farm financial performance, farm debt, farm equity, farm capital and farm investment for the vegetable-growing industry from 2006-07 to 2016-17.
Key Issues
•In 2015-16 average farm cash income of Australian vegetable-growing farms is estimated to have increased to around $254,100 per farm as a result of increased vegetable production per farm and higher prices. Average farm cash income of vegetable-growing farms rose in all states except Victoria and Tasmania.
• In 2016-17 average farm cash income of Australian vegetable-growing farms is projected to be the highest in real terms since ABARES began surveying vegetable-growing farms in 2007. Average farm cash income is projected to increase in all states except Queensland.