We consider the limitations of optimisation analyses that ignore farm-level financial risks arising from combinations of high fixed costs, including debt burdens and highly variable local weather and prices. A sequential multivariate analysis method is used to compute cumulative distribution...

This paper explores short and long run economic outcomes of fixed label herbicide doses versus a flexible ‘‘best efficacy targeting strategy'' (BETS), which is factor adjusted to current weather and density of weeds. A herbicide efficacy model is combined with water balance, wheat yield,...