The potential value of seasonal climate forecasts for beef grazing enterprises in the Charters Towers region

An-Vo, Duc-Anh (2018) The potential value of seasonal climate forecasts for beef grazing enterprises in the Charters Towers region. Dalrymple Landcare Committee Newsletter (27). p. 14.

Abstract

While research indicates that seasonal climate forecasts (SCFs) have the potential to improve productivity and profitability in agricultural industries, we also understand that there are a range of factors that currently prevent their widespread use in agricultural decision making. Some of these include the inherent (‘irreducible’) uncertainty of these forecasts, which – despite improvements over recent decades – is tied to the climate variability experienced in many regions and par-ticularly problematic in north-eastern Australia (one of the most variable agricultural climate regions in the world). Another barrier is the lack of sufficient evidence of the economic value of forecasts – particularly focusing on imperfect forecasts - in decision making.


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Item Type: Article (Commonwealth Reporting Category C)
Refereed: Yes
Item Status: Live Archive
Additional Information: Copyright © Dalrymple Landcare 2018.
Faculty/School / Institute/Centre: No Faculty
Date Deposited: 11 Jan 2019 06:29
Last Modified: 14 Jan 2019 22:19
Uncontrolled Keywords: beef grazing, seasonal climate forecasts, decision making, economic valuation
Fields of Research : 14 Economics > 1402 Applied Economics > 140201 Agricultural Economics
07 Agricultural and Veterinary Sciences > 0701 Agriculture, Land and Farm Management > 070199 Agriculture, Land and Farm Management not elsewhere classified
01 Mathematical Sciences > 0103 Numerical and Computational Mathematics > 010303 Optimisation
Socio-Economic Objective: B Economic Development > 83 Animal Production and Animal Primary Products > 8303 Livestock Raising > 830301 Beef Cattle
URI: http://eprints.usq.edu.au/id/eprint/34542

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