This study investigated whether there would be an increase in consumer willingness to pay and purchase if reduced cholesterol pork was introduced to the Australian market. A stated choice analysis was used, with the following questions addressed. How are current purchases of fresh pork affected...

This is the third of a series of papers examining the potential economic effects from the introduction of a hypothetical low cholesterol pork product into the Australian market. Here, a newly updated pig meat model reported by Griffith et al. (2010) is used to model the industry wide impacts of...

This paper is a summary of some of the considerations involved in applying an existing model to a new problem, in particular in deciding whether to update or not, and some of the issues involved in interpreting the output from the new application. Thus where you start from does influence where...

Economic illiteracy is abundant in farm management analysis. Failure to understand that economics is the core discipline of farm-management analysis and failure to apply the whole-farm approach leads to wrong questions being asked and wrong answers being given. The power of economic thinking is...

Farms systems are open to financial systems. Financing matters. Analysis of questions about management of farms is a multi-dimensional task; focusing on economic efficiency only partly does the job. A financial system channeling funds efficiently from the non-farm sector to the farm sector,...

The ‘openness’ of farming systems that is the focus of this paper is ‘open to information’, in particular the way that new information from the farming systems research project, Dairy Directions, flows from research outputs to dairy farmers. Dairy Directions is a multidisciplinary...

In this study, the possible impacts of different prices of carbon on farm profitability in two dairy farm businesses with different feeding systems operated over five years were analysed. The feeding systems were a ryegrass pasture-based system (RM) and a complementary forage-based system (CF)....