Analysis of the Australian Cattle Industry: Factors and Growth

This report provides a comprehensive analysis of the Australian cattle industry, examining its significance within the agricultural sector and its comparison to other established industries. The report delves into the factors affecting the industry's production and growth, including weather conditions, technological advancements, market supply and demand dynamics, resource availability, and financial considerations. The study also highlights the industry's role as a source of income, its contribution to animal welfare standards, and its environmental sustainability efforts. The report concludes by emphasizing the importance of strategic management to mitigate the impact of these factors and ensure the industry's continued success. This report is a detailed look at the challenges and opportunities within the Australian cattle industry.

Factors affecting a
major agricultural
industry

Table of Contents
INTRODUCTION
..........................................................................................................................................................3
The factors affecting the chosen industry
..........................................................................................................................................................3
Discuss the significance of the industry
.....................................................................................................................................................3
Describe its situation in comparison to other traditional established agriculture
industry in Australia
.....................................................................................................................................................4
Discuss the factors affecting the production and growth of the chosen industry........................5
CONCLUSION ...............................................................................................................................7
REFERENCES ...............................................................................................................................8

INTRODUCTION

Agriculture can be defined as an art and science of cultivation food and livestock for
fulfilling basic human wants. Under the current report The chosen industry is a cattle industry
Australia. The first cattle fleet was brought to Australia in 1788. In current time Australia export
around 60% of the product from the cattle industry which are made up of beef. it is the second
largest exporter of beef after Brazil. Australia cattle industries producing superior quality of beef
that is free from diseases and act as a largest industry within the agriculture sector. In relation to
current report, it includes discussion on significance of industry where factors which are related
to firms function in comparison to other organisation in this industry will also discussed. Along
with this, factors which are rela6ted to production and growth of industry will also discuss.
The factors affecting the chosen industry
Discuss the significance of the industry
Agriculture and firms in it act as important part current business environments. It include
number of function which are performed to make human life normal and achieve objectives in
timely manner. In context of QFF, it is also performing these functions industry. Some of these
functions are mentioned below:
Source of income: Significance of cattle industry in agriculture sector is that it acts as a
source of income for various individuals. In context of Australian agricultural sector, cattle
industry in Australia plays an important role where it provides employment to different
individuals. In Australia it provides more than 30000 jobs as well as 7.3 billion of total economic
output which helps in increasing the productivity and managing the functions at economic level.
Help in managing animal welfare standards: significance of cattle industrial
agriculture sector is that it helps in managing animal welfare standards. This is because after
setting these industry Australian standards are some of the most rigid and fully followed
principles and standards. These standards are helpful in identifying the quality of beef as well as
cattle and managing it at global level. This helps in reduced transmission of diseases from beef.
Environment sustainability: This is also silent feature which act as a significance of
cattle industry within the economy and agriculture sector. This is because Australian livestock
industry is the only industry in the country to have reduced the greenhouse gas emission since

1990. This means that Australia has one of the most sustainable meat industries in the world
which man is the capitals in an effective way and sells them to the larger area.
Describe its situation in comparison to other traditional established agriculture
industry in Australia
CATTLE INDUSTRY is operating from long time in Australian agriculture market. This
helps organisation in maintaining solid position in market and using functions in appropriate
manner. There are some other organisation in this industry which are performing there functions
in agriculture industry. A comparison is discussed below:
BASIS CATTLE INDUSTRY Food grain industry
Function This is operating in Australia.
Where it performs function
related to being and collective
voice of farmers in relation to
these quires and also helps in
live stocks at reasonable
prices.
It is semi government
organization which is
performing its function at
national level. Organisation is
specialized in selling food
products and global level
where it collects all the
farmers at national level to
provide their products and
larger scale.
Scale CATTLE INDUSTRY is
operating its function at nation
level.
Food grain industry is
operating its function at global
level. This means that it is
performing at lager scale in
comparison to CATTLE
INDUSTRY.
Profitability This is non-profit organisation
which means that organisation
is not earning any kind of
In context of Food grain
industry, it is operating its
function in productive manner

profit. This is dependent on
government grants to perform
its function and achieve
profitably.
where organisation sell all
those corps and livestock
which is produced by member
partners and farmers. This is
useful to achieve objectives
and mange function ion
appropriate way.
It can be evaluated from above mentioned information that both the organisation are
operating with different structure but are operating in similar industry. Here, organisation can
perform it function in more effective way to achieve business objectives.
Discuss the factors affecting the production and growth of the chosen industry
There are number of factor which is impacting on growth of organisation in agricultural
industry. It is essential for organisation to achieve its business objectives and manage function in
productive manner. This is also helpful to organisation in identifying the factor which impact
production and growth and using it to minimise negative impact. In context of CATTLE
INDUSTRY , some of these factors are discussed below:
Weather: it is most important factor which is impacting performance of industry which
is based on agricultural activities. This is because number of corps is depended on whether
conditions. In relation to this CATTLE INDUSTRY, this is also dependent upon weather
condition. So this is most important factor which impact on production of food and growth of
organisation. Here, business enterprise can use to formulate strategies which help in contingency
and manage its function in appropriate manner (Gbetnkom and Khan, 2020).
Technology: This also act as an important factor which impact growth and production to
industry trading in agricultural activates. In current time, there is regular modification in
technology which is use by farmers to cultivate there land and other function. In relation to this,
CATTLE INDUSTRY has to regular check on these changes so that it can help farmers in using
new and innovative technology for performing their function in business environment. This
impact on growth of organisation as firm can use tools which promote use of higher productivity
and mange flexible working condition (Speight, 2019).

Supply and demand in market: This is also act as factor which impact growth of firm
in agriculture industry. In context of this, firm is managing its function where it has to operate.
This is because due to impact of covid-19 there is sharp decline in number of agriculture
products. As, it impacted on export and imports of goods and services from one nation to other.
Australia is impacted most for this because it highly depends on export of agriculture products.
This also impacted on growth and [production of CATTLE INDUSTRY, as firm is also facing
this crises. This makes it difficult for organisation to manage crops of number of farmers and
will leads to decreases in profits because of excessive stock.
Availability of resource: Under this factor, organisation dealing in agriculture industry
has to use functions which will manage cooperative in different resource. In relation to CATTLE
INDUSTRY , this is most crucial factor which impact on performance of firm in market. Here,
there are number of resources which are used by firm to perform its function. This is mandatory
for firm to achieve objectives which can be used to manage function and identification of
availability of resource in context of managing them on accordance to firm requirement. There
are number of farmers which has to be deal and managing them is factor which cant as
challenged in front of organisation.
Finance: this is also a factor which has to be keeping in mind by manger of organisation
before working in agricultural business. There is no certainty in agricultural business, it is just
like and toss which depends upon various circumstances. There are number of function
performed by CATTLE INDUSTRY which require different amount in relation to achieving
business objectives. Here, there is role of finance function to use this function and achieve
business objectives in timely manner (Grandin, 2019).
CONCLUSION
It can be concluded from above mentioned information that there are various significance
which are impacting on performance of organisation listed in agriculture industry. It can be seen
that there are factors such as finance, whether and many more which is impacting on
performance of organisation in current business environment. It is needed to firm that firm has to
use those functions which helps in minimizing the impact of firm. This is impacting on
organisation so it is require that organisation use effective strategy by managing current resource.

REFERENCES
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heavy metals: environmental persistence, toxicity, and bioaccumulation. Journal of
chemistry, 2019.
Altieri, M.A., 2018. Agroecology: the science of sustainable agriculture. CRC Press.
Cetin, M., 2016. Sustainability of urban coastal area management: A case study on Cide. Journal
of Sustainable Forestry, 35(7), pp.527-541.
Colmer, J., 2018. Weather, labor reallocation and industrial production: evidence from India.
Gbetnkom, D. and Khan, S.A., 2020. Determinants of agricultural exports: The case of
Cameroon (Doctoral dissertation, AERC).
Grandin, T. ed., 2019. Livestock handling and transport. Cabi.
Speight, J.G., 2019. Handbook of industrial hydrocarbon processes. Gulf Professional
Publishing.