Incorporation of futures markets into the theory of the firm under uncertainty has received considerable attention in risk management. A theoretical model of optimal firm decisions in cash and futures markets considering price, production, and financial risks is presented. Production and...

A number of methods have been employed to estimate the production increases obtained from supplementary irrigation. Details of these methods and some of the disadvantages from which they suffer will be discussed later. Suffice it to say at this stage that, in the opinion of this author the...

This article is concerned with the economics of a planned system of supplementary irrigation and pasture improvement on a typical Richmond Valley dairy farm. In developing the plan for the farm, consideration is, given to a range of assumptions concerning the farmer's resources of labour and...