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Assisting decision-making in Queensland barley production through chance constrained programming

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Jyothi Gali, V. and Brown, C. G. (2000) Assisting decision-making in Queensland barley production through chance constrained programming. Australian Journal of Agricultural and Resource Economics, 44 (2). pp. 269-287. ISSN 1467-8489

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Article Link: https://doi.org/10.1111/1467-8489.00111

Abstract

A chance constrained programming model is developed to assist Queensland barley growers make varietal and agronomic decisions in the face of changing product demands and volatile production conditions. Unsuitable or overlooked in many risk programming applications, the chance constrained programming approach nonetheless aptly captures the single-stage decision problem faced by barley growers of whether to plant lower-yielding but potentially higher-priced malting varieties, given a particular expectation of meeting malting grade standards. Different expectations greatly affect the optimal mix of malting and feed barley activities. The analysis highlights the suitability of chance constrained programming to this specific class of farm decision problem.

Item Type:Article
Subjects:Plant culture > Field crops > Barley
Agriculture > By region or country > Australia > Queensland
Live Archive:04 Jan 2024 22:12
Last Modified:04 Jan 2024 22:12

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