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Economic assessment of nutrient use efficiency of the Australian grains industry

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Fertilisers have traditionally represented a significant part of the variable costs of growing crops in Australia... The expected outcome of this project is best nutrient management strategies evaluated in the context of a risk-return framework... Assuming farmers are profit -maximizers and risk-neutral, this analysis shows that they are likely missing out on the better seasons by under-fertilizing in sandy dunes and mid slopes of several sites across the Mallee...
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