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The Cost-Price Squeeze On Australian Farm Income

Author

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  • Glau, T.E.

Abstract

Relative price movements for major agricultural commodity groups are reviewed. Estimates of the movement in real farm income per farmer are presented for Australian agriculture over the period 1949 to 1969, and for the sheep industry for the period 1953 to 1967. Increased productivity has offset the adverse price movements experienced by farmers over the period examined. The effect of the cost-price squeeze on farm investment and adjustment is discussed. The continuing cost-price squeeze has not prevented sustained investment by farmers.

Suggested Citation

  • Glau, T.E., 1971. "The Cost-Price Squeeze On Australian Farm Income," Australian Journal of Agricultural Economics, Australian Agricultural and Resource Economics Society, vol. 15(1), pages 1-19, April.
    • Handle: RePEc:ags:ajaeau:22975
    DOI: 10.22004/ag.econ.22975
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    Citations

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    Cited by:

    1. Anderson, Kym & Lattimore, Ralph G. & Lloyd, Peter J. & MacLaren, Donald, 2007. "Distortions to Agricultural Incentives in Australia and New Zealand," 2007 Conference (51st), February 13-16, 2007, Queenstown, New Zealand 10407, Australian Agricultural and Resource Economics Society.
    2. Chisholm, Anthony H., 1992. "Australian Agriculture: A Sustainability Story," Australian Journal of Agricultural Economics, Australian Agricultural and Resource Economics Society, vol. 36(1), pages 1-29, April.
    3. Monjardino, M. & MacLeod, N. & McKellar, L. & Prestwidge, D., 2015. "Economic evaluation of irrigated forage production in a beef cattle operation in the semi-arid tropics of northern Australia," Agricultural Systems, Elsevier, vol. 139(C), pages 122-143.
    4. Westbrooke, Victoria & Nuthall, Peter, 2017. "Why small farms persist? The influence of farmers’ characteristics on farm growth and development. The case of smaller dairy farmers in NZ," Australian Journal of Agricultural and Resource Economics, Australian Agricultural and Resource Economics Society, vol. 61(4), October.
    5. Lawrence, Denis & McKay, Lloyd, 1980. "Inputs, Outputs And Productivity Change In The Australian Sheep Industry," Australian Journal of Agricultural Economics, Australian Agricultural and Resource Economics Society, vol. 24(1), pages 1-14, April.
    6. Ryan, James G. & Duncan, Ronald C., 1974. "Effects On Farm Incomes And Rural Labour Of A Relative Increase In Wages," Australian Journal of Agricultural Economics, Australian Agricultural and Resource Economics Society, vol. 18(3), pages 1-15, December.

    More about this item

    Keywords

    Agricultural Finance;

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