In many respects, the Australian wheat industry is unusual. It is extensively regulated in all its activities beyond the farm-gate, yet the overall effect of Government regulation since 1948 has been to reduce the incomes of wheatgrowers (Longworth and Knopke 1982). The partial equilibrium...

Dynamic programming is used to examine whether Australia should store wheat for subsequent sale at higher prices. The dynamic programming model is developed assuming that the demand for Australian wheat is perfectly elastic at the world price. An important consequence of this assumption is that...

Since the introduction of a reserve price scheme in 1970, the interest in wool marketing previously shown by agricultural economists has not been maintained outside the public service and the wool industry itself. Nor is the subject as divisive amongst wool growers with, in general, 'orderly...

In many respects, the Australian wheat industry is unusual. It is extensively regulated in all its activities beyond the farm-gate, yet the overall effect of Government regulation since 1948 has been to reduce the incomes of wheatgrowers (Longworth and Knopke 1982). The partial equilibrium...

Grain marketing arrangements in Australia have been controversial for many years. Following an account of the historical background to grain marketing, this article concentrates on more recent debates. The most interesting technical economic argument concerns the validity of claims that...

This evaluation and economic assessment is of a project funded by the Australian Centre for International Agricultural Research (ACIAR) aimed at improving economic knowledge of the Chinese wool industry. The project was carried out jointly by Australian agricultural economists at the...