72 research outputs found

    Dairy Farming as a Business: A Review of the Financial Position of Thirty-seven Dairy Farms for the Year Ended 30th June, 1946

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    In the April, 1947, issue of this "Review" an appraisal of the financial position of thirty-two dairy farms in New South Wales during 1944-45 was made by Wyn. F. Owen.* The purpose of this article is to publish similar information regarding the financial position of thirty-seven dairy farms in New South Vales during 1945-46. The tables prepared for this article are of a similar nature to those of the previous article, but little attempt will be made to compare the results of the different years as it is considered more desirable to wait at least another year and obtain some more data before comparing figures for different years


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    An attempt is made to combine, empirically, the estimation of product transformation surfaces with the more conventional methods of linear supply analysis. This synthetic approach is used to fit simultaneously a system of six aggregate supply functions. The products covered account for more than 70 per cent of the gross value of Australian rural production


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    Wool may be classed (i.e., grouped into reasonably uniform lots prior to sale) either immediately after shearing in the shearing shed or it may be packed into bales and sent to a wool store for classing. The second type of operation (especially when applied to relatively small quantities of wool) is known as bulk classing. With bulk classing the individual grower's wool loses its identity and is offered for sale in mixed lots. There are a number of other methods of preparation of wool for sale. Of these the only one which will be considered here specifically is "interlotting" which consists of shed classed bales from a number of growers being matched and sold as one lot. Interlotting is purely an operation to increase the size of lots (i.e., the number of bales per lot sold) so as to attract more competition from buyers or to reduce the valuing, inspection and bidding work of buyers and other

    Some Economic Problems Facing Agriculture in the United States

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    In 1947 the U.S. Congressional Committees on Agriculture held hearings regarding long-range agricultural policy and programmes. The United States Department of Agriculture, represented by some of its senior officers, presented a number of very interesting tables and reports to the Committees for examination. Recent developments in American agriculture and possible future problems are dealt with at length and, a wealth of factual detail has been made available in these pages to the Congressional Committees and to the interested public. The purpose of this article is to summarise some of the recent developments in U.S. agriculture, to discuss current trends in overall economic thinking, and to examine some of the problems which are considered likely to face U.S. agriculture in the future. Many of these problems are discussed at length in the testimony prepared by the U.S. Department of Agriculture, but others again are only barely mentioned