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Comparing the profitability of sheep, beef, dairy and grain farms in southwest Victoria under different rainfall scenarios AgEcon
Browne, Natalie; Kingwell, Ross S.; Behrendt, Ralph; Eckard, Richard.
Dryland farming is commonplace in Australia so the profitability of dryland farms often depends on the amount and timing of rainfall. With drier weather conditions featuring in climate change projections for southern Australia, it is important to understand the relationships between rainfall, commodity prices and farm profitability. Using correlated farm commodity and input prices from the past nine years, farm profitability was calculated for a range of farm types in southwest Victoria under low, average and high rainfall scenarios. Fourteen representative farms were examined that included production of Merino fine wool, prime lamb, beef cattle, milk, wheat and canola. This paper compares and contrasts the spread of profitability of these farms against...
Tipo: Working Paper Palavras-chave: Dryland farming; Farm enterprises; Climate change; Price variability; Crop Production/Industries; Environmental Economics and Policy; Livestock Production/Industries.
Ano: 2012 URL: http://purl.umn.edu/124249
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Profitability and risk evaluation of novel perennial pasture systems for livestock producers in the high rainfall zone: Context, Approach and Preliminary Results AgEcon
Lewis, Claire; Malcolm, Bill; Farquharson, Robert J.; Leury, Brian; Behrendt, Ralph; Clark, Steve.
The decision to invest in pasture improvement raises various questions for the livestock grazier, with the most pertinent being about the potential returns and risks. In the high rainfall zone of south-west Victoria, researchers have trialled novel perennial pasture systems with the aim of substantially increasing on-farm profits whilst simultaneously improving environmental outcomes. Results from the Hamilton EverGraze® proof site have shown potential to greatly improve livestock production. Promotion of the pasture technology is the next step. Key to this process is developing information about profitability and risk regarding the decision to invest in the new pasture. To help meet this need a model of a representative mixed livestock farm system for the...
Tipo: Conference Paper or Presentation Palavras-chave: Farm Management.
Ano: 2010 URL: http://purl.umn.edu/59097
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