23 October 2014
Boyce, in conjunction with the Cotton Research & Development Corporation, have released interim results for the 2014 Australian Cotton Comparative Analysis.
The interim results reveal an operating profit of $584 per hectare, down $195 from the 2013 results.
16 July 2014
In a year where heat and flooding impacted profitability, Australian cotton growers won’t be surprised that analysis of the 2013 crop reveals results well below those achieved in 2012.
The recently published Australian Cotton Comparative Analysis (ACCA) report for 2013 shows the ‘average grower’ attained a value per bale of $427 compared to $486 the previous year. The result for the ‘top 20%’ of growers was a similarly disappointing $445 per bale, a decrease of $33 from the 2012 result.
22 October 2013
The recently published Interim Australian Cotton Comparative Analysis (ACCA) for 2013 reveals that despite a small increased yield, growers’ proceeds were reduced by an average of $210 per hectare.
Boyce Director, Paul Fisher, said that for some time the expectation had been that the ACCA will begin to reflect a sizeable increase in the average yield as some growers have been achieving yields of 12 bales per hectare or higher and individual fields have been reported as yielding as high as 15 bales per hectare.
“The potential is obviously there for considerable average yield increase,” said Mr Fisher.
“Growers have however, again suffered from disasters due to heat and flood and these factors continue to lower the average across the industry.”
25 June 2013
It was a record year in terms of hectares planted, but the 2012 cotton crop is likely to be defined instead by static yields, a weaker price and widespread flooding causing extensive damage to crops and infrastructure, according to the authors of the recently published Australian Cotton Comparative Analysis report.
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 resulting publication is regarded as the industry benchmark for the economics of cotton growing in Australia.
1 September 2012
Boyce Chartered Accountants in conjunction with the Cotton Research & Development Corporation released interim results of the 2012 Australian Cotton Comparative Analysis (ACCA) at the Australian Cotton Conference held in Queensland last month.
The interim results reveal an average operating profit of $1,240 per hectare, well down from the $1,919 per hectare achieved in the 2011 season.