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

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  • 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
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    References listed on IDEAS

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    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.
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    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.

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    Keywords

    Livestock Production/Industries;

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