IDEAS home Printed from https://ideas.repec.org/a/ags/remaae/12461.html
   My bibliography  Save this article

A Farm Level Evaluation of a New Twinning Technology in Beef Cattle

Author

Listed:
  • Farquharson, Robert J.

Abstract

This article describes a farm level case study evaluation of a new beef production technology. The evaluation was undertaken as input into a technical research project aimed at developing farm level management strategies to facilitate use of the twinning technology when it becomes commercially available. The evaluation includes budgeting methods and a Linear Programming analysis. A risk analysis was also conducted in which key factors are varied stochastically and the resulting distributions of activity gross margins compared. The analysis shows that twinning could potentially improve the returns to intensive beef production systems, depending importantly on the level and variability of weaning percentage.

Suggested Citation

  • Farquharson, Robert J., 1991. "A Farm Level Evaluation of a New Twinning Technology in Beef Cattle," Review of Marketing and Agricultural Economics, Australian Agricultural and Resource Economics Society, vol. 59(01), pages 1-21, April.
    • Handle: RePEc:ags:remaae:12461
    DOI: 10.22004/ag.econ.12461
    as

    Download full text from publisher

    File URL: https://ageconsearch.umn.edu/record/12461/files/59010066.pdf
    Download Restriction: no
    File URL: https://libkey.io/10.22004/ag.econ.12461?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. Bardsley, Peter & Harris, Michael, 1987. "An Approach To The Econometric Estimation Of Attitudes To Risk In Agriculture," Australian Journal of Agricultural Economics, Australian Agricultural and Resource Economics Society, vol. 31(2), pages 1-15, August.
    2. Anderson, Jock R., 1974. "Risk Efficiency in the Interpretation of Agricultural Production Research," Review of Marketing and Agricultural Economics, Australian Agricultural and Resource Economics Society, vol. 42(03), pages 1-54, September.
    3. Anderson, Jock R. & Dillon, John L. & Hardaker, Brian, 1977. "Agricultural Decision Analysis," Monographs: Applied Economics, AgEcon Search, number 288652, November.
    4. Meyer, Jack, 1977. "Second Degree Stochastic Dominance with Respect to a Function," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 18(2), pages 477-487, June.
    5. Anderson, Jock R. & Feder, Gershon, 2007. "Agricultural Extension," Handbook of Agricultural Economics, in: Robert Evenson & Prabhu Pingali (ed.), Handbook of Agricultural Economics, edition 1, volume 3, chapter 44, pages 2343-2378, Elsevier.
    6. Pandey, Sushil, 1990. "Risk-efficient irrigation strategies for wheat," Agricultural Economics, Blackwell, vol. 4(1), pages 59-71, April.
    7. Farquharson, R. J. & Griffith, G. R., 1991. "The potential economic returns to the Australian beef industry from a new twinning technology," Agricultural Systems, Elsevier, vol. 36(1), pages 79-103.
    8. Bond, Gary E. & Wonder, Bernard, 1980. "Risk Attitudes Amongst Australian Farmers," Australian Journal of Agricultural Economics, Australian Agricultural and Resource Economics Society, vol. 24(1), pages 1-19, April.
    9. Gary E. Bond & Bernard Wonder, 1980. "Risk Attitudes Amongst Australian Farmers," Australian Journal of Agricultural and Resource Economics, Australian Agricultural and Resource Economics Society, vol. 24(1), pages 16-34, April.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Griffith, Garry & Alford, Andrew & Davies, Llyod & Herd, Robert & Parnell, Peter & Hegarty, Roger, 2004. "An Assessment of the Economic, Environmental and Social Impacts of NSW Agriculture’s Investment in the Net Feed Efficiency R,D&E Cluster," Research Reports 280780, New South Wales Department of Primary Industries Research Economists.
    2. Uwe A. Schneider & Livia Rasche & Bruce A. McCarl, 2018. "Assessing the Economic Impacts of Pesticide Regulations," Agriculture, MDPI, vol. 8(4), pages 1-13, April.
    3. Alford, Andrew & Garcia, S.C. & Farina, Santiago & Fulkerson, Bill, 2009. "An Economic Evaluation of the FutureDairy Complementary Forage Rotation System - Using Cost Budgeting," Research Reports 280786, New South Wales Department of Primary Industries Research Economists.
    4. Alford, Andrew R. & Griffith, Garry R. & Cacho, Oscar J., 2003. "A Northern Tablelands Whole-Farm Linear Program for Economic Evaluation of New Technologies at the Farm-Level," Research Reports 28010, New South Wales Department of Primary Industries Research Economists.
    5. Alford, Andrew R. & Griffith, Garry R. & Cacho, Oscar J., 2003. "Farm-level Economic Evaluation of Net Feed Efficiency in Australia’s Southern Beef Cattle Production System: A Multi-period Linear Programming Approach," 2003 Conference (47th), February 12-14, 2003, Fremantle, Australia 57826, Australian Agricultural and Resource Economics Society.
    6. Alford, Andrew & Garcia, S.C. & Farina, Santiago & Fulkerson, Bill, 2009. "An Economic Evaluation of the FutureDairy Complementary Forage Rotation System – Using Whole Farm Budgeting," Research Reports 280787, New South Wales Department of Primary Industries Research Economists.
    7. Alford, Andrew R. & Griffith, Garry R. & Davies, Lloyd, 2003. "Livestock Farming Systems in the Northern Tablelands of NSW: An Economic Analysis," Research Reports 28005, New South Wales Department of Primary Industries Research Economists.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Pannell, David J. & Nordblom, Thomas L., 1998. "Impacts of risk aversion on whole-farm management in Syria," Australian Journal of Agricultural and Resource Economics, Australian Agricultural and Resource Economics Society, vol. 42(3), pages 1-21.
    2. Hardaker, J. B., 1982. "Fundamental Aspects Of Risk And Uncertainty In Agriculture," Agrekon, Agricultural Economics Association of South Africa (AEASA), vol. 21(2), October.
    3. David J. Pannell, 1991. "Pests and pesticides, risk and risk aversion," Agricultural Economics, International Association of Agricultural Economists, vol. 5(4), pages 361-383, August.
    4. Abadi Ghadim, Amir K. & Pannell, David J., 1999. "A conceptual framework of adoption of an agricultural innovation," Agricultural Economics, Blackwell, vol. 21(2), pages 145-154, October.
    5. Arriaza Balmón, Manuel & Gomez-Limon, Jose Antonio, 2003. "Modelling Farmers' Response To A Decoupled Subsidy Via Multi-Attribute Utility Theory And E-V Analysis," 2003 Annual Meeting, August 16-22, 2003, Durban, South Africa 25925, International Association of Agricultural Economists.
    6. Anderson, Jock R., 1979. "Impacts of Climatic Variability in Australian Agriculture: A Review," Review of Marketing and Agricultural Economics, Australian Agricultural and Resource Economics Society, vol. 47(03), pages 1-31, December.
    7. Monjardino, M. & McBeath, T. & Ouzman, J. & Llewellyn, R. & Jones, B., 2015. "Farmer risk-aversion limits closure of yield and profit gaps: A study of nitrogen management in the southern Australian wheatbelt," Agricultural Systems, Elsevier, vol. 137(C), pages 108-118.
    8. Pannell, David J. & Malcolm, Bill & Kingwell, Ross S., 2000. "Are we risking too much? Perspectives on risk in farm modelling," Agricultural Economics, Blackwell, vol. 23(1), pages 69-78, June.
    9. Bard, Sharon K. & Barry, Peter J., 2000. "Developing A Scale For Assessing Risk Attitudes Of Agricultural Decision Makers," International Food and Agribusiness Management Review, International Food and Agribusiness Management Association, vol. 3(1), pages 1-17.
    10. John Quiggin, 1981. "Risk Perception And The Analysis Of Risk Attitudes," Australian Journal of Agricultural and Resource Economics, Australian Agricultural and Resource Economics Society, vol. 25(2), pages 160-169, August.
    11. Bartholomaeus, M.K. & Hardaker, J. Brian, 1981. "Farm Syndication And Risk Sharing: A Case Study," Australian Journal of Agricultural Economics, Australian Agricultural and Resource Economics Society, vol. 25(3), pages 1-15, December.
    12. Fisher, Brian S., 1985. "Frontiers in Agricultural Policy Research," Review of Marketing and Agricultural Economics, Australian Agricultural and Resource Economics Society, vol. 53(02), pages 1-11, August.
    13. John W. Ritchie & G. Yahya Abawi & Sunil C. Dutta & Trevor R. Harris & Michael Bange, 2004. "Risk management strategies using seasonal climate forecasting in irrigated cotton production: a tale of stochastic dominance," Australian Journal of Agricultural and Resource Economics, Australian Agricultural and Resource Economics Society, vol. 48(1), pages 65-93, March.
    14. Murray-Prior, Roy B. & Whish, J. & Carberry, Peter S. & Dalgleish, N., 2003. "Combining biophysical and price simulations to assess the economics of long-term crop rotations," 2003 Conference (47th), February 12-14, 2003, Fremantle, Australia 57927, Australian Agricultural and Resource Economics Society.
    15. Schilizzi, S. G. M. & Kingwell, R. S., 1999. "Effects of climatic and price uncertainty on the value of legume crops in a Mediterranean-type environment," Agricultural Systems, Elsevier, vol. 60(1), pages 55-69, May.
    16. Kingwell, Ross S., 1995. "Effects of Tactical Responses and Risk Aversion on Farm Wheat Supply," Review of Marketing and Agricultural Economics, Australian Agricultural and Resource Economics Society, vol. 62(01), pages 1-14, April.
    17. Scott Johnson, C. & Foster, Kenneth A., 1994. "Risk Preferences and Contracting In the U.S. Hog Industry," Journal of Agricultural and Applied Economics, Cambridge University Press, vol. 26(2), pages 393-405, December.
    18. Nauges, Celine & Wheeler, Sarah Ann & Zuo, Alec, 2016. "Elicitation of irrigators’ risk preferences from observed behaviour," Australian Journal of Agricultural and Resource Economics, Australian Agricultural and Resource Economics Society, vol. 60(3), July.
    19. Ozanne, Adam & White, Benedict, 2008. "Hidden action, risk aversion and variable fines in agri-environmental schemes," Australian Journal of Agricultural and Resource Economics, Australian Agricultural and Resource Economics Society, vol. 52(2), pages 1-10.
    20. Fraser, Rob W., 1992. "An Analysis Of Willingness-To-Pay For Crop Insurance," Australian Journal of Agricultural Economics, Australian Agricultural and Resource Economics Society, vol. 36(1), pages 1-13, April.

    More about this item

    Keywords

    Livestock Production/Industries;

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ags:remaae:12461. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: AgEcon Search (email available below). General contact details of provider: https://edirc.repec.org/data/aaresea.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.