Climate change is expected to have a significant effect on agricultural production but less is known about its projected impact on the farm business. This paper provides a first attempt at an economic analysis of the impacts of climate change for broadacre farming systems and provides an insight...

High temperatures, rain and high winds (at great intensity at times) have led to scientists and producers exploring options that enable greater control over the effects of weather on primary industries. In this study the suitability of an Italian pergola trellising system (the pergola) for table...

This paper describes the development and application of a dynamic financial appraisal software model, known as the Financial Planner for Macadamia. This whole farm financial model for macadamia farming integrates both the investment and financing decisions of project appraisal into a single...

The natural, technological, economic, political and social environment in which farmers farm constantly changes. History has lessons about change in agriculture and about farmers coping with change, though the future is unknowable and thus always surprising. The implication for farm operation is...

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 systems in Australia are open systems. The financial openness of farm systems has implications for managing farms and, thus, implications for analysing farm management decisions and farm performance. In elaborating on this theme, capital investment in agriculture is considered and key ideas...

Farms and farming are major contributors to the world economy, directly responsible for a large part of GDP. These achievements are not trivial and imply that farms are being managed in reasonably effective ways, else agricultural industries would not be sustained. However has the study of Farm...

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....