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A discrete stochastic programming model of the farming system of the eastern wheatbelt of Western Australia is used to examine the effect of tactical responses and risk aversion on wheat supply. Including within-season tactical changes to wheat areas decreases the own-price elasticity of supply....
Persistent link: https://www.econbiz.de/10005327650
To assist in the management of plant breeding programs, and particularly in managing change, the detailed cost structure and the nature of the cost function facing plant breeders need to be known. In this paper, an attempt is made to define a cost function for a representative wheat breeding...
Persistent link: https://www.econbiz.de/10010914861
The new AWB Ltd payment system for wheat grades has changed the incentives for farmers to grow and market wheat varieties in Australia. Based around standard quality characteristics, the payment system provides incremental premiums and discounts for deviations in protein and screenings around...
Persistent link: https://www.econbiz.de/10010923378