Publication Date

2008

Publisher

Western Australian Agriculture Authority

City

Perth

Abstract

Western Australia (WA) is an ideal location for wheat production. It has competitive advantages including:

• A proven track record in wheat production accounting for approximately 50 per cent of Australia's production. Based on a five year average from 2003/04 to 2007/08*, WA produces around 7.7 million tonnes of wheat per year.

• Over the past five years, the top 25 per cent of farmers averaged 10 per cent return on capital excluding changes in land value.

• Export focussed due to WA's small population. 90 per cent of WA's wheat is exported

• Abundant land at competitive prices and a reliable climate that is not marked by the extreme variability that is characteristic of other grain producing areas in Australia.

• Freedom from serious grain pests and diseases.

• Grain is chemical residue free.

• All the necessary infrastructure to service wheat exports, including modern shipping ports, an international airport, excellent accreditation systems, excellent road and rail transport and storage and handling facilities.

• A stable and safe business environment characterised by political stability, judicial independence and a macro economic setting that targets low inflation and budget surpluses.

• Proximity to the large markets of Asia and the Middle East resulting in rapid delivery times and reduced transport costs.

Number of Pages

16

Keywords

Wheat, Investment, Western Australia, Agriculture

Disciplines

Agribusiness | Agricultural Economics | Agricultural Science | Agronomy and Crop Sciences | Finance and Financial Management | Natural Resource Economics

Maps

Maps are not included as part of the complete document download. If this report contains a map, it will be available in the individual parts list below.

Download

This file is 9.1 MB. Files over 3MB may be slow to open. For best results, right-click and select "save as..."

Share

COinS