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| Registros recuperados: 35 | |
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| Knight, Brad; Malcolm, Bill. |
| This study used information about a farm in the Victorian Mallee during the period 1998 – 2005 to analyse the profitability of investing in Precision Agriculture and Site-Specific Crop Management technology and farming systems. Two equipment guidance systems were evaluated. Both guidance systems earned more than 8 percent real return p.a. on the extra capital invested. A Real-Time Kinetic (RTK) guidance system with a precision of 2 cm and a capital cost of $50,000 was less profitable than a Sub-Metre guidance system with 20 cm accuracy and costing $20,000. Producers investing in RTK guidance technology would be well-paid to also adopt supporting management practices that enhance crop gross margins or provide other benefits. The capital cost of GPS... |
| Tipo: Article |
Palavras-chave: Precision Agriculture; GPS technology; Investment; Farm Management. |
| Ano: 2009 |
URL: http://purl.umn.edu/121470 |
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| Melsen, Monique G.; Armstrong, Dan P.; Ho, Christie K.M.; Malcolm, Bill; Doyle, Peter T.. |
| Recent analysis from surveys of dairy farms has shown that despite large increases in production, the productivity gains on these farms have been modest. Productivity gains are important for farm viability, farmers have made production gains through adoption of technologies and increases in scale. This long-term farm case study of an irrigated dairy farm over a 40-year period provides an in-depth analysis of system changes and management complexity. Detailed records of milk production, herd, farm area and infrastructure, water use, supplementary feed, and labour were collected and pasture consumption was estimated. Changes in milk production were analysed in relation to individual resources, particularly farm inputs. Increases in production were associated... |
| Tipo: Article |
Palavras-chave: Dairy farming systems; Productivity; Long-term case study; Farm production measures; Farm Management. |
| Ano: 2006 |
URL: http://purl.umn.edu/122240 |
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| Armstrong, Dan P.; Ho, Christie K.M.; Doyle, Peter T.; Malcolm, Bill; Gibb, I.; Brown, Stuart. |
| The dairy industry in northern Victoria faced dramatic changes between 2001/02 and 2002/03. Drought resulted in a substantial decrease in availability, and subsequent increase in price, of irrigation water and supplementary feed. Most farms recorded substantial net cash flow deficits. Prior to 2002/03, a project had been established using case studies and a spreadsheet model to examine potential futures for different farm types. This approach was successfully adapted to examine drought impacts and recovery options under the vastly different prevailing circumstances. Several factors appear to have contributed to the adaptability of the approach, as follows: • The approach considered many aspects of farm management systems, but was simple enough to allow... |
| Tipo: Article |
Palavras-chave: Dairy farming systems; Drought; Farm management economics; Farm Management. |
| Ano: 2005 |
URL: http://purl.umn.edu/123136 |
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| 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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| Malcolm, Bill; Paine, Mark. |
| Dairy Australia has delivered a program entitled DMF involving a series of activities to enhance the expertise of dairy farmers and encourage their use of expert services. A substantial investment of $5.2m (adjusted to 2005 dollars) has been made by Dairy Australia in the program. In this report, justifications for DA using farmers’ and taxpayers’ funds in this way are explored; a Social Benefit Cost Analysis has been carried out. The conclusion is that the public and industry investment in DMF is likely to have earned a return on capital that justifies the investment. |
| Tipo: Article |
Palavras-chave: Dairy extension; Benefit cost analysis; Public funding of extension; Farm Management. |
| Ano: 2007 |
URL: http://purl.umn.edu/122233 |
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| Ho, Christie K.M.; Malcolm, Bill; Armstrong, Dan P.; Doyle, Peter T.. |
| Average total factor productivity measures for the dairy industry provide an insight into how the industry is performing as a whole, but reveal little about what may be happening on individual farms. A case study of an irrigated dairy farm in northern Victoria, over a 37-year period, found that total milk production and some measures of partial productivity increased substantially. The economic performance of this case study farm over the 37-year period is described and analysed. From records of income and expenses, operating profit, returns to capital, labour and management and total productivity measures were calculated. Between 1980 and 2000, the business achieved productivity gains at higher than the rate estimated for the whole industry. This... |
| Tipo: Article |
Palavras-chave: Dairy farming systems; Productivity; Long-term case study; Farm production measures; Farm Management. |
| Ano: 2006 |
URL: http://purl.umn.edu/122239 |
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| Malcolm, Bill. |
| Since 1992 there have been some major debates and decisions on Australian agricultural policy issues. Recent policy issues of the dairy, wool, wheat and meat industries are canvassed, as well as current policies on rural adjustment and drought, and the latest policy direction of the National Farmers Federation are documented. Emerging emphases in policy include adding value to commodities, privatization of activities of statutory authorities, and the management of resources and risk by farmers. In agricultural policy formation in 1992-1994 these new emphases confronted the old imperatives of agriculture. |
| Tipo: Journal Article |
Palavras-chave: Agricultural and Food Policy. |
| Ano: 1994 |
URL: http://purl.umn.edu/12483 |
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| Jackson, T.; Malcolm, Bill. |
| We present in clear, readable terms how to understand the risky aspects of a ewe purchase decision. Expected lamb prices in the future are an important driver of ewe prices now. We derive easy methods of determining the relationship between future lamb prices and current ewe prices. This lends to an evaluation of rules of thumb showing that the 'bet' and the 'odds' are keys to good investment. |
| Tipo: Article |
Palavras-chave: Ewe prices; Lamb prices; Purchase; Risk; Farm Management. |
| Ano: 2011 |
URL: http://purl.umn.edu/120910 |
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| Kelly, Hugh; Malcolm, Bill. |
| Models of technical parts of farm systems have proliferated over the past decade. In this paper, the difference between the decision-information deriving from the farm management economic analysis that is included in a technical systems model, and the results derived from analysing the technical information that comes out of the model using standard farm management tools, is demonstrated, using case studies. In essence the argument of this paper is that in much systems simulation work provides sound technical coefficients about the operation of a farming system, which can then form the basis of, and be used in, whole farm management analyses. It is sufficient, to provide these coefficients without the systems model itself linking to some half-baked... |
| Tipo: Presentation |
Palavras-chave: Farm Management. |
| Ano: 1999 |
URL: http://purl.umn.edu/123826 |
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| Malcolm, Bill. |
| In this paper it is argued that solving problems in farm management involves applying an appropriate balance of disciplinary knowledge. More specifically, farm management decision-making is about making choices, and the discipline of choice is economics. Thus economics is the core discipline of farm management analysis and decision-making. Modelling farm systems using the whole farm approach, with emphasis on the risky elements, can be very useful. Also enlightening is using real farm case studies to test research output. The conclusion is that bringing to bear on farm management questions a few disciplines, a few perspectives and a few figurings to explore a few futures is a useful way to go. |
| Tipo: Article |
Palavras-chave: Farm management; Farm management economics; Whole farm; Farm systems modelling; Farm management decision analysis; Farm Management. |
| Ano: 2004 |
URL: http://purl.umn.edu/120918 |
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| Knight, Brad; Malcolm, Bill. |
| This study uses a farm in the Victorian Mallee over the period 1998 2005 to analyse whole-farm profitability and risks of investing in Precision Agriculture and Site-Specific Crop Management systems. To answer the research questions, a model to predict yield under PA management is developed to simulate paddock and activity gross margins. Analysis is conducted that enables judgements to be formed about merit of investing in some PA technologies. The case study farm comprised 1400 hectares, with 900 hectares of cereals cropped each year. In this case, investment in Zone Management technologies did not meet the required return on capital. Using the relationship of paddock variability to profitability derived from the simulation data, in a year with median... |
| Tipo: Conference Paper or Presentation |
Palavras-chave: Farm Management. |
| Ano: 2007 |
URL: http://purl.umn.edu/10406 |
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| Ho, Christie K.M.; Armstrong, Dan P.; Doyle, Peter T.; Malcolm, Bill. |
| Farming systems throughout the Murray-Darling Basin are under increasing scrutiny from the perspective of ecological sustainability of farm and catchment systems. In northern Victoria, the dairy industry is a major user of water, and contributes to the environmental issues. Changes in irrigation water price, availability and policy will invariably impact on the viability of dairy farming in this region, but the diversity of dairy farm systems suggests that the impact will vary between farms. Two case study farms, a ‘water-reliant’ farm and a ‘fodder-reliant’ farm, were used to examine economic and social impacts of changes in water price, availability and policy. |
| Tipo: Article |
Palavras-chave: Water price policy; Irrigated dairy farming; Farm Management. |
| Ano: 2005 |
URL: http://purl.umn.edu/123162 |
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| Madden, B. J.; Malcolm, Bill. |
| The price farmers pay for farm land can be a critical determinant of the continued success or eventual failure of a farm business. A decision support model has been developed to make explicit the usually implicit assumptions about expected profitability, financing and debt servicing aspects of land purchase decisions. The model can be used to help the decision maker to identify offer prices for farm land which are probably sound and prices which are likely to be unsound. |
| Tipo: Journal Article |
Palavras-chave: Land Economics/Use. |
| Ano: 1996 |
URL: http://purl.umn.edu/12408 |
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| Malcolm, Bill. |
| Fifty years of Australian academic literature about farm management is surveyed and reviewed chronologically and methodologically. Farm management started as a field of academic inquiry during the 1940s, and at the end of the first decade most of the major emphases which were to predominate over the ensuing decades had made their debut in the literature. Major emphases over the fifty years have been records and accounts, production economic thinking, linear programming, decision theory and systems simulation approaches. Overtime came increasing doubt about the usefulness of each of these emphases, and in the 1980s journal writings about farm management declined greatly. Much academic work about farm management during the past fifty years lacked relevance... |
| Tipo: Journal Article |
Palavras-chave: Farm Management. |
| Ano: 1990 |
URL: http://purl.umn.edu/12283 |
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| Registros recuperados: 35 | |
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