The fortunes of the Shearing, Cropping and Agricultural Support Services industry are tied to the farming sector, in particular beef cattle, sheep and grain industries. This exposes the industry to volatile demand, given yearly fluctuations in production and prices of agricultural produce. Nonetheless, the industry has benefited from ongoing demand in some form for all services over the past five years. Increasing consolidation and outsourcing of non-essential functions has prevailed among farmers as they try to improve operating efficiencies. Industry revenue is forecast to grow at an annualised 3.8% over the five years through 2014-15.
The Shearing, Cropping and Agricultural Support Services industry provides services to the agriculture sector, including aerial agricultural services, shearing, contract crop harvesting and animal testing. The industry excludes agistment services.
The report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecast, growth rates and an analysis of the industry key players and their market shares.