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CU2013 EOI 17 David Gray.Docx

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Dry or "early" seeding of wheat, when undertaken at appropriate times and seasons, should yield a modest additional profit... The economic outcomes are computed in a particular hypothetical case, and summarised using Prospect Theory... Taking account of prior summer rain, a criterion level of moisture after 31 March which constitutes the break has been computed for all years from 1976 onwards...
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