Using an expected mean-variance model the changes in farm enterprise levels and indirect utility were examined under conditions of risk aversion, budget constraints and gross margin variance. An extension of the comparative statics of the expected mean-variance model was adopted by introducing a...

In Australia very favourable prices for lamb and mutton since 2001 has encouraged a switch from the Merino to other sheep breeds better suited to meat production, namely the Dohne Merino and South African Meat Merino. To date, little research on the performance and profitability of these meat...

Using an expected mean-variance model the changes in farm enterprise levels and indirect utility were examined under conditions of risk aversion, budget constraints and gross margin variance. An extension of the comparative statics of the expected mean-variance model was adopted by introducing a...

In face of climate change and other environmental challenges, inclusion of perennial forage shrubs in Australian agricultural systems has the potential to deliver multiple benefits: increased whole-farm profitability and improved natural resource management. The profitability of shrubs was...

The results of this analysis show that a long-term tree crop plantation is effective at reducing carbon emissions from a predominantly grazing farming system. However, if the plantations are destumped, much of the carbon will be returned to the atmosphere in time, in which case benefits are...

Of the number of seasonal forecasting systems that have been developed of late, none are of practical benefit to Western Australian farmers. This study aims to improve the methodology for assessing the value of forecasting technology ex ante to its development, using the Merredin agricultural...

The impact of two greenhouse gas abatement policies on two Mediterranean-type farming systems, grazing dominant and cropping dominant, is examined. The policies analysed are; an emissions taxation policy and an emissions restrictions policy. For both farming systems the restriction policy is...

Today the European agrofood sector is increasingly confronted with the threatsas well as the opportunities of liberalizing markets. Therefore, competitiveness on globalmarkets is becoming of paramount importance for European farmers. The challenges ofglobal markets are accompanied by a growing...

In Flanders glasshouse vegetables andornamental plants are typically produced at familybusinesses. At this type of businesses the objectives andlong-term firm developments are influenced by the socalled ‘family-firm life cycle’. In many cases the firmshows a life cycle that corresponds with...