Agricultural Forecasting


Book Description




Agricultural Price Analysis and Forecasting


Book Description

Uses a problem solving framework to provide students with the means for acquiring the necessary skills in the application of economic theory. Enables them to understand that economic theory does describe authentic relationships by actual people in the existing world.




Applications of Seasonal Climate Forecasting in Agricultural and Natural Ecosystems


Book Description

Climate variability has major impacts in many parts of the world, including Australia. Developments in understanding of the El Niño - Southern Oscillation Phenomenon have introduced some skill in seasonal to inter-annual climate forecasting. Can this skill be harnessed to advantage? Or do we just continue to observe these impacts? How does a decision-maker managing an agricultural or natural ecosystem modify decisions in response to a skillful, but imprecise, seasonal climate forecast? Using Australian experience as a basis, this book focuses on these questions in pursuing means to better manage climate risks. The state of the science in climate forecasting is reviewed before considering detailed examples of applications to: farm scale agricultural decisions (such as management of cropping and grazing systems); regional and national scale agricultural decisions (such as commodity trading and government policy); and natural systems (such as water resources, pests and diseases, and natural fauna). Many of the examples highlight the participatory and inter-disciplinary approach required among decision-makers, resource systems scientists/analysts, and climate scientists to bring about the effective applications. The experiences discussed provide valuable insights beyond the geographical and disciplinary focus of this book. The book is ideally suited to professionals and postgraduate students in ecology, agricultural climatology, environmental planning, and climate science.




Review of the available remote sensing tools, products, methodologies and data to improve crop production forecasts


Book Description

Timely and reliable agricultural production forecasts are critical to make informed food policy decisions and enable rapid responses to emerging food shortfalls. Sub-Saharan Africa is subject to highly variable yield, production and consumption, occasioned by high climate variability, rapidly increasing populations, and limited financial capacity. This review examines the current status of the remote sensing (RS) tools, products, methodologies and data that can help to improve agricultural crop production forecasting systems.







Risky Agricultural Markets


Book Description

This book shows how decisions made by individual farmers influence the efficiency of agricultural markets. Unless farmers properly take account of the correlation between prices and yields in forming their price forecasts, competitive markets will often be socially inefficient, leading to misallocation of resources. The authors demonstrate that a simple and practical price forecasting rule, based on expected per unit revenue, is generally adequate to ensure efficient market behavior.Time-series data from various countries are used to test the hypothesis that market supply is influenced by the correlation of price and yield as well as by lagged market prices . The importance of market inefficiencies in risky situations is shown to, depend on the variability of yields, the nature of farmers'price forecasting behavior, the degree of private risk aversion,and the elasticity of demand. The authors suggest and evaluate three basic policy approaches governments may take when confronted with very inefficient markets--establishing production quotas, improving market information services, and implementing price stabilization schemes. They conclude by discussing implications of the study for the specification of agricultural supply models and for the economic appraisal of risky investment projects.







Short-term Forecasting


Book Description




Climate Prediction and Agriculture


Book Description

Based on an International Workshop held in Geneva in 2005, this book reviews the advances made so far in seasonal climate predictions and their applications for management and decision-making in agriculture. It also identifies the challenges to be addressed in the next 5 to 10 years to further enhance operational applications of climate predictions in agriculture, especially in developing countries.