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The purpose of this paper is to evaluate the influence of alternate price determination specifications on the ability of a structural econometric model of the Australian prime lamb industry to accurately forecast saleyard lamb prices. Five variations of this model were specified according to the...
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Prime lamb has not received the same level of economic research as Australia's other major livestock markets and knowledge of the lamb market's operations remains relatively limited. This market has experienced increasing problems including highly variable saleyard prices, strong retail...
Persistent link: https://www.econbiz.de/10009446253
A recent analysis indicated that the direct financial cost of weeds to Australia’s wintergrain sectorwas approximately $A1.2bn in 1998–1999. Costs of thismagnitude representa large recurring productivity loss in an agricultural sector that is sufficient to impactsignificantly on regional...
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The annual economic loss of agricultural production caused by weeds in Australia has been estimated to exceed $3.3 billion. This loss now approximates the average annual net value of Australian farm production. In an attempt to address this problem, the Cooperative Research Centre for Weed...
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By the end of its seven-year term in 2007-08, the Australian Sheep Industry CRC (Sheep CRC) will have received total funds of about $90 million, that comprises Commonwealth and industry funding of $30 million, and in-kind contributions valued at $60 million. This level of public and private...
Persistent link: https://www.econbiz.de/10004989092
The Australian sheep industry and its associated research and development agencies have developed a proposal for the CRC for Sheep Industry Innovation. “Top-down” and “bottomup” procedures were used to assess the expected economic benefits from this proposal. Formal “with-CRC” and...
Persistent link: https://www.econbiz.de/10004989107