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A financial analysis of the effect of the mix of crop and sheep enterprises on the risk profile of dryland farms in south-eastern Australia AgEcon
Hutchings, Timothy R.; Nordblom, Thomas L..
This study analyses the financial risk faced by representative mixed-enterprise farm businesses in four regions of south-eastern Australia. It uses discrete stochastic programming to optimise the ten-year cash flow margins produced by these farms, operating three alternative farming systems. Monte Carlo simulation analysis is used to produce a risk profile for each scenario, derived from multiple runs of this optimised model, randomised for commodity prices and decadal growing season rainfall since 1920. This analysis shows that the performance of the enterprise mixes at each site is characterised more by the level of variability of outcomes than by the mean values of financial outputs. It demonstrates that relying on mean values for climate and prices...
Tipo: Article Palavras-chave: Farm management; Financial risk; Climate risk; Price risk; Variability; Farm Management.
Ano: 2011 URL: http://purl.umn.edu/120908
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Agricultural zoning of climate risk for Physalis peruviana cultivation in Southeastern Brazil PAB
Aparecido,Lucas Eduardo de Oliveira; Batista,Rafael Madureira; Moraes,José Reinaldo da Silva Cabral de; Costa,Cícero Teixeira Silva; Moraes-Oliveira,Adriana Ferreira de.
Abstract: The objective of this work was to elaborate the agricultural zoning of climatic risk (ZARC) for Physalis peruviana, through the thermal and water requirements of the crop in Southeastern Brazil. Air temperature (TAIR) and precipitation (PYEAR) data from 1,530 meteorological stations covering the entire region were used. Regions were considered climatically favorable to Physalis peruviana when TAIR was between 13 and 18ºC and PYEAR between 1,000 and 2,000 mm per year. Regions where TAIR was above 30ºC or less than 13ºC were considered inapt. Maps were created with this information and used to identify climatic characteristics and to establish the agricultural aptitude classes, termed apt, inapt, and marginal for the cultivation of Physalis...
Tipo: Info:eu-repo/semantics/article Palavras-chave: Climate risk; Agrometeorology; Modeling; Big data.
Ano: 2019 URL: http://www.scielo.br/scielo.php?script=sci_arttext&pid=S0100-204X2019000100900
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