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On-Farm Factors Influencing Investment In Crop Sowing Machinery

Author

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  • Kingwell, Ross S.

Abstract

Farmers in grain industries make important decisions about investment in crop sowing machinery. This paper shows how some on-farm factors affect profit-maximising levels of investment in crop sowing machinery. The paper examines the effect on optimal investment of discontinuities in sowing opportunities, varietal portfolios and soil portfolios.

Suggested Citation

  • Kingwell, Ross S., 1996. "On-Farm Factors Influencing Investment In Crop Sowing Machinery," Australian Journal of Agricultural Economics, Australian Agricultural and Resource Economics Society, vol. 40(03), December.
  • Handle: RePEc:ags:ajaeau:22364
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    File URL: http://purl.umn.edu/22364
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    References listed on IDEAS

    as
    1. Fraser, K.I. & Batterham, Robert L., 1995. "Optimum replacement of farm machinery under conditions of capital rationing - Preliminary results," 1995 Conference (39th), February 14-16, 1995, Perth, Australia 170814, Australian Agricultural and Resource Economics Society.
    2. David Vanzetti & John C. Quiggin, 1985. "A Comparative Analysis Of Agricultural Tractor Investment Models," Australian Journal of Agricultural and Resource Economics, Australian Agricultural and Resource Economics Society, vol. 29(2), pages 122-141, August.
    3. Bruce A. McCarl & Wilfred V. Candler & D. Howard Doster & Paul R. Robbins, 1977. "Experiences With Farmer Oriented Linear Programming For Crop Planning," Canadian Journal of Agricultural Economics/Revue canadienne d'agroeconomie, Canadian Agricultural Economics Society/Societe canadienne d'agroeconomie, vol. 25(1), pages 17-30, February.
    4. Bradford, Garnett & Reid, Donald, 1982. "Theoretical and Empirical Problems in Modeling Optimal Replacement of Farm Machines," Journal of Agricultural and Applied Economics, Cambridge University Press, vol. 14(01), pages 109-116, July.
    5. Edwards, William M. & Boehlje, Michael, 1980. "Machinery Selection Considering Timeliness Losses," Staff General Research Papers Archive 11065, Iowa State University, Department of Economics.
    6. Wetzstein, Michael E. & Musser, Wesley N. & McClendon, Ronald W. & Edwards, David M., 1990. "A Case Study of Timeliness in the Selection of Risk-Efficient Machinery Complements," Journal of Agricultural and Applied Economics, Cambridge University Press, vol. 22(02), pages 165-177, December.
    7. Smith, Vincent H., 1990. "The Effects Of Changes In The Tax Structure On Agricultural Asset Replacement," Southern Journal of Agricultural Economics, Southern Agricultural Economics Association, vol. 22(01), July.
    8. Eric E. Sorensen & James F. Gilheany, 1970. "A Simulation Model for Harvest Operations under Stochastic Conditions," Management Science, INFORMS, vol. 16(8), pages 549-565, April.
    9. Longmire, Jim, 1995. "Changing Structure and Location of Australian Agriculture," 1995 Conference (39th), February 14-16, 1995, Perth, Australia 148803, Australian Agricultural and Resource Economics Society.
    10. Bradford, Garnett L. & Reid, Donald W., 1982. "Theoretical And Empirical Problems In Modeling Optimal Replacement Of Farm Machines," Southern Journal of Agricultural Economics, Southern Agricultural Economics Association, vol. 14(01), July.
    11. Abdulla B. Danok & Bruce A. McCarl & T. Kelley White, 1980. "Machinery Selection Modeling: Incorporation of Weather Variability," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 62(4), pages 700-708.
    12. Smith, Vincent H., 1990. "The Effects of Changes in the Tax Structure on Agricultural Asset Replacement," Journal of Agricultural and Applied Economics, Cambridge University Press, vol. 22(01), pages 113-122, July.
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    Cited by:

    1. Farrell, Terence C., 2008. "An Economic Evaluation of Conservation Farming Practices for the Central West of NSW," 2008 Conference (52nd), February 5-8, 2008, Canberra, Australia 6177, Australian Agricultural and Resource Economics Society.
    2. Farrell, Terence C., 2008. "An economic evaluation of conservation farming practices for the central west of NSW," Australasian Agribusiness Review, University of Melbourne, Melbourne School of Land and Environment, vol. 16.

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