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2019 Australian Cotton Comparative Analysis Released

1 July 2020

The 2019 Australian Cotton Comparative Analysis report has been recently published.

The analysis is conducted annually by Boyce Chartered Accountants, the largest regionally based accounting firm in Australia, in conjunction with the Cotton Research and Development Corporation (CRDC).

The 2019 analysis is the fifteenth report to be produced by Boyce and CRDC.  From 1986 to 2004 the report was published independently by Boyce.

The aim of the study is to collect and critically analyse data that will assist the industry to grow and develop sustainably through a focus on best practice techniques. The study is regarded by the cotton industry as the benchmark for the economics of cotton growing in Australia.

The 2019 report is based on sample figures from participants who produce 165,000 bales, which is approximately 8% of the total Australian cotton production.

The 2019 report reveals that the average group achieved a loss per hectare of $156, down from $2,234 in 2018 which was the highest in the reports history.

It was still an excellent season for growers in the top 20% group, with a profit of $3,515 per hectare compared to the five year average of around $3,295.

Report co-author Hamish Cullenward, a director of Boyce Wagga, noted that ‘those who had access to cheap water and pre-sold cotton when prices were high did very well.

Boyce and CRDC encourage all growers to consider participating in the benchmarking study as a way to greatly enhance understanding of the key drivers that consistently define the top cotton producers in Australia.

The 2019 Australian Cotton Comparative Analysis can be downloaded here.

For more information contact Simon Sellars or Hamish Cullenward at Boyce Wagga on 02 6971 0600.

Boyce Chartered Accountants and CRDC release interim 2018 crop profitability analysis

26 July 2018

We are pleased to announce the 2018 interim profitability results for the irrigated cotton industry.  

These interim results highlight another great year for irrigated cotton showing average operating profits of $2,516/Ha. This is an increase in profitability of $959/Ha from the 2017 year.

For the past four years we have seen significant and sustained profit growth in the industry.

To download a copy of the report, please click here.

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Gearing up for the 2018 Cotton Analysis

27 June 2018

Each year Boyce Chartered Accountants teams up with the Cotton Research and Development Corporation (CRDC) to analyse the performance of the top farms in the industry, giving the farmers who are involved invaluable business information. 

Called Australian Cotton Comparative Analysis, Boyce has produced the report since 1986, and 14 years ago, the value of this work was recognised when CRDC partnered with the company. The study is regarded by the cotton industry as the benchmark for the economics of cotton growing in Australia.

Tim Grellman, General Manager of Rimanui Farms Ltd in Moree, said the company used the information it received from participating each year to assist in its business decisions.

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2017 Australian Cotton Comparative Analysis Released

2017 Australian Cotton Comparative Analysis Released

31 May 2018

The 2017 Australian Cotton Comparative Analysis report has been recently published and is available to download here.

The analysis is conducted annually by Boyce Chartered Accountants, the largest regionally based accounting firm in Australia, in conjunction with the Cotton Research and Development Corporation (CRDC). 

The 2017 analysis is the thirteenth report to be produced by Boyce and CRDC.  From 1986 to 2004 the report was published independently by Boyce. 

The aim of the study is to collect and critically analyse data that will assist the industry to grow and develop sustainably through a focus on best practice techniques. The study is regarded by the cotton industry as the benchmark for the economics of cotton growing in Australia.

Read more >

Australian Cotton Comparative Analysis for the 2017 Season

Australian Cotton Comparative Analysis for the 2017 Season

14 September 2017

EARLY insights show the average cotton grower can expect to pocket about $1,300 a hectare for the 2017 season.

That was the headline finding of the Australian Cotton Comparative Analysis (ACCA) Interim Results for 2017, released this week.

The ACCA is a management tool for growers produced by Boyce Chartered Accountants in conjunction with the Cotton Research and Development Corporation.

The 2017 Australian Cotton Comparative Analysis is available to download here

The aim of the study is to collect and critically analyse data that will assist the industry to grow and develop sustainably, through a focus on best practice techniques. Now in its 31st year, the valuable real time data continues to identify shifts and trends within the industry.

Read more >

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