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| Sefton, Clive A.; Cox, Rodney J.. |
| This paper presents an evaluation of a farm-business assessment model that uses financial performance measures and tracks ‘wealth change’ to evaluate performance trends over time, and ranks the relative business performance of commercial participants. Its core component involves the use of comparative analysis, which is structured as an introductory rapid-assessment model, together with a ranking system that has been designed to differentiate the relative performance levels of farm businesses. The system has been labelled as the Business Performance Index (BPI) model to reflect its performance-ranking role that explores the relationships, if any, between farmer attitudes and business performance. The BPI model is discussed within the context of the debate... |
| Tipo: Article |
Palavras-chave: Wealth change; Performance evaluation; Business performance; Farm modelling; Farm Management. |
| Ano: 2005 |
URL: http://purl.umn.edu/123165 |
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| Anderson, Duncan J.; Jack, Claire G.; Connolly, Niamh. |
| The European dairy industry faces an increasingly uncertain world. There is uncertainty about, for example, subsidy payment levels and compliance conditions, global competition, price variability, consumer demand, carbon footprints, water quality, animal welfare, food safety, and the environment. Farmers can reduce their exposure to these uncertainties by adopting production systems that are financially versatile over a wide range of possible circumstances. In this research project we develop a profit maximizing whole-farm model and employ it to identify financially optimal milk production systems for a typical Northern Ireland farm under varying market, policy and farm family conditions. The systems assessed range from lower yielding New Zealand type... |
| Tipo: Presentation |
Palavras-chave: Farm modelling; Production systems.; Farm Management; Risk and Uncertainty; Q12 and Q16.. |
| Ano: 2012 |
URL: http://purl.umn.edu/122460 |
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| Kingwell, Ross S.. |
| Modern farming in Australia is no longer simple. Farms are large, multi-enterprise businesses underpinned by expensive capital investments, changing production technologies, volatile markets and pervasive regulation. The complexity of modern broadacre farming leads to the question: what is the nature of the relationship between farm business complexity and farm profitability? This study uses bioeconomic farm modelling and employs eight measures of complexity to examine the profitability and complexity of a wide range of broadacre farming systems in Australia. Rank order correlations between farm profitability and each measure of complexity show inconsistent relationships, although the most profitable farming systems are found to be reasonably complex on... |
| Tipo: Conference Paper or Presentation |
Palavras-chave: Complexity; Farm modelling; Management; Profitability; Farm Management. |
| Ano: 2010 |
URL: http://purl.umn.edu/59090 |
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| Calatrava-Leyva, Javier; Garrido, Alberto. |
| Water availability in semiarid regions usually exhibits patterns of extreme variability. Even in intensively controlled basins, some users are subject to low levels of water reliability, and more vulnerable to periods of extreme scarcity. To reduce their risk exposure more flexible instruments, such as voluntary exchanges of water among users, are required. Recent changes in the Spanish water Law have given an initial impulse to allow for leases of water use rights. Properly designed and monitored, this instrument provides some flexibility to water management, and may increase the economic use efficiency as well as mitigate the adverse economic effects of droughts. This paper looks at the risks and uncertainty dimensions of water markets, which have not... |
| Tipo: Conference Paper or Presentation |
Palavras-chave: Uncertainty; Farm modelling; Water markets; Water supply; Resource /Energy Economics and Policy. |
| Ano: 2002 |
URL: http://purl.umn.edu/24820 |
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| Rose, Gus; Kingwell, Ross S.. |
| Labour scarcity and affordability have encouraged many farmers in Western Australia to focus more on cropping than sheep production. Many farmers are opting to run low input livestock systems. This paper examines labour demand for sheep and cropping during the production year, combined with various scenarios of labour availability and cost. The implications for farm profitability and enterprise selection are examined using the bio-economic farming systems model MIDAS (Model of an Integrated Dryland Agricultural System). Labour requirements for sheep are far greater than those for cropping. Additionally the labour requirements for sheep are high in all production periods whilst the seasonal nature of cropping means more time is required only at certain... |
| Tipo: Conference Paper or Presentation |
Palavras-chave: Agriculture; Labour; Farm modelling; Cropping; Sheep. |
| Ano: 2009 |
URL: http://purl.umn.edu/47947 |
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