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The Australian Sheep Industry Cooperative Research Centre (Sheep CRC) commenced operations in February 2002 and will receive federal funding of $19.8 million over its seven-year grant period. As well, the sheep industry is expected to invest over $10 million in Sheep CRC activities over this...
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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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Agriculture's importance in the process of economic growth highlights the role of sustained advances in farm production practices by improving the quantity and quality of farm products. In this context, investment in improved agricultural technology continues to be an important avenue of...
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The perceived value of integrating small partial- equilibrium structural models of individual livestock industries into a comprehensive single-sector model is to take advantage of the interrelationships that are usually expressed by cross elasticities on both the supply and demand sides of these...
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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...
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