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production risk

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Catalogue: Nuffield Scholar Reports
The aim of my studies was to determine: which investment companies and countries are active in agricultural investment why Australia is an attractive country for investment barriers and restrictions on rural investment outside of Australia the influence of Government support on foreign and corporate investment evaluate the various investment models used globally investigate opportunities for Australian family farming businesses to form relationships with these corporate investors... There are future models emerging that will assist farmers manage production risk via co-investment... The companies that employ this model provide strong competition to local farmers when accessing land in the areas they target...
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Catalogue: GRDC Updates
Over many parts of NSW the frost season length has broadened by as much as 40 days and the mean number of consecutive frost days has increase to 5 days... The spatial analysis shows much of the increase in frost frequency has occurred in August, although the date at which the last frost occurs has increased by as much as three weeks in some parts of eastern Australia (Figure 1)... Our research suggests that increases in number and change in the period of frost occurrence is driven by a long-term southerly shift in position and intensification of the band of high pressure typically located over central Australia in spring...
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Catalogue: GRDC Updates
While the paper calls for a national and global review (2012) and outlook (2013) for grain markets, there is a far more important underlying message - "Plan don't Predict"... Production - risk of production failure -farmers are well acquainted with production risk -selecting the best farming practices, timing of operations, weather predictions, and varieties for the various risks faced (frost, sprouting, etc) is a key tool to optimise production... A good starting point for any grower is to set a price target, based on a thorough understanding of; their costs of production based on average yields, the margin required to generate their target return on assets, and a realistic expectation of where the market is likely to trade...
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Catalogue: GRDC Final Reports
To maximise grain yield, quality and profitability of new pulse varieties and minimise production risks, field based research is required to determine best management practice requirements (e.g. optimum sowing time, fungicide regimes etc.)... The project has demonstrated that targeted agronomic research data aimed at delivering best practice management strategies for new pulse varieties can increase profitability and minimise production risk, when delivered through VMPs and other extension activities such as field days... The major aim of this project was to deliver targeted agronomic research data for pulses, through field trials, that could be synthesised into variety specific management packages (VMP) for the south-eastern Australian cropping region...
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Catalogue: Nuffield Scholar Reports
Growers need to consider a portfolio approach to their grain marketing including a combination of passive and active management coupled with some on farm storage if the market is telling you to store grain... Demand will create its own supply (something that many farmers will emphasise with over the past 2 years as supply has expanded rapidly in response to high grain prices, leading to prices to fall) and as argued by Malcolm (2009) "food supply will meet food demand in the future, provided farmers receive the correct market signals and are not thwarted by poor government policies that create perverse incentives.".. Since there "is no reliable way to identify the fund managers who will outperform the market, investors do best to buy a broad spectrum of stocks at the lowest cost" (Damato, 2001)...
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Catalogue: GRDC Updates
The Atherton Tableland area produces 7,000 - 15,000 tonnes of peanuts annually, and represents an important northern focus of the Australian industry... Since adopting relatively simple peanut - maize rotations in the early stages of development, the combination of favourable climate, fertile soils and available water for irrigation has increased the number of crops grown in the region... After establishing profiles of biophysical risk across the Tableland, we used information provided by growers to establish typical production methods (eg. frequency and type of tillage, fertiliser use etc.) for each crop, machinery ownership and usage, farm size and other assets, cost of inputs etc...
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Catalogue: GRDC Final Reports
WhopperCropper is a tool to help agricultural advisers and farmers capture these benefits and use it to add value to their intuition and experience... WhopperCropper allows probability analysis of the effects of a range of selectable crop inputs and existing resources on yield and economic outcomes... Increased knowledge of crop simulation Increased knowledge of seasonal climate forecasting Understand concepts of probability Ability to explore management options Will use WhopperCropper Increased understanding of how WhopperCropper works and limitations The program WhopperCropper is easy to learn and use The program provides accurate yield distributions The graphics and presentation are easy to learn and use..
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Catalogue: GRDC Updates
Figure 1: Locations of the key centres used in the simulation study... In the update we report on a detailed simulation study that explored the effects of row configuration on production risk in sorghum using the 100+ years of historical climate data available... Results associated with east-west transects in CQ (Biloela-Emerald-Longreach), SQ (Dalby-Miles-Roma-Mitchell-Augathella), and NNSW (Moree-Walgett-Bourke) are reported ...
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Catalogue: GRDC Final Reports
Screening of rust resistance in key stages of the breeding program (parent evaluation, segregating and fixed breeding lines) has integrated rust resistant lines into all stages of the breeding process... Important factors in production risk addressed in this project were susceptibility to rust diseases (stem, stripe and leaf rusts) and intolerance of pre-harvest sprouting... Sustained routine evaluation of rust resistance in key stages of the breeding program including parent evaluation, early (segregating) and late (fixed) breeding lines, including both field and glasshouse screening approaches...
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Catalogue: GRDC 2014 Research Summaries
The sources of risk in agriculture are numerous and diverse... There have been a number of studies identifying various aspects of production risk due to seasonal variation; the key issue this project is addressing... The risk management framework requested will be an effective means of utilising this past research (eg Zheng et al 2012, Hammer and Stone 1998) and transforming it to meld with research from this project...
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