Skip to main content

An Assessment of the Value of Seasonal Forecasting Technology for Western Australian Farmers

Fraser, Robert, Peterson, Elizabeth (2001) An Assessment of the Value of Seasonal Forecasting Technology for Western Australian Farmers. Agricultural Systems, 70 (1). pp. 259-274. ISSN 0308-521X. (doi:10.1016/s0308-521x(01)00012-9) (The full text of this publication is not currently available from this repository. You may be able to access a copy if URLs are provided) (KAR id:5200)

The full text of this publication is not currently available from this repository. You may be able to access a copy if URLs are provided.
Official URL:
https://doi.org/10.1016/s0308-521x(01)00012-9

Abstract

Of the number of seasonal forecasting systems that have been developed of late, none are of practical benefit to Western Australian farmers. This study aims to improve the methodology for assessing the value of forecasting technology ex ante to its development, using the Merredin agricultural region of Western Australia as an illustration. Results suggest that a seasonal forecasting technology that provides a 30% decrease in seasonal uncertainty increases annual profits by approximately 5%. The accumulated annual benefit to farmers in the Merredin region (an area with 754 farm holdings over 35,500 km(2) of land) is approximately 2 million dollars. Hence, support is given for the development of seasonal forecasting techniques in Western Australia.

Item Type: Article
DOI/Identification number: 10.1016/s0308-521x(01)00012-9
Uncontrolled keywords: seasonal forecasting information; seasonal uncertainty; whole-farm modelling; MUDAS
Subjects: H Social Sciences > HD Industries. Land use. Labor
Divisions: Divisions > Kent Business School - Division > Kent Business School (do not use)
Depositing User: Robert Fraser
Date Deposited: 31 Aug 2008 18:16 UTC
Last Modified: 09 Mar 2023 11:29 UTC
Resource URI: https://kar.kent.ac.uk/id/eprint/5200 (The current URI for this page, for reference purposes)

University of Kent Author Information

Fraser, Robert.

Creator's ORCID:
CReDIT Contributor Roles:
  • Depositors only (login required):

Total unique views for this document in KAR since July 2020. For more details click on the image.