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Farm level implications of high commodity prices -An assesment of adaptation strategies and potentials in selected regions in Australia and Germany (agri benchmark)
Project
Project code: vTI-BW-08-125
Contract period: 01.03.2007
- 31.05.2011
Purpose of research: Basic research
On global grain merkets the supplying sector could initially not keep up with the strong increase in demand during the second half of the last decade. This led to a steep increase of commodity prices. Therefore the question arises how farmers will react to increased world market pices. The classic agricultural commodity market models can deliver only limited contributions, in particular when the scenarios to be examined deviate strongly from the situations observed up to now. Therefore a ''bottom-up'' - research concepts is devoloped to investigate available resources, production systems and potential adaptations in major regions worldwide. With the methodical design of such ''bottom-up'' concepts two central issues become evident which require different approaches of investigation:
(1) To what extent, constraints and cost can currently unused potential arable land
be brought into production?
(2) What are the options to increase productivity on the already existing farm land?
Fully aware of these questions and the global agricultural diversity the focus is fixed on
arable production on a total of four different panels, three are carried out in Australia, one
in Germany. By doing so, particular emphasis is placed on being able to illustrate different intensity levels along a gradient.
Section overview
Subjects
- Crop Production
- Market Analysis/Marketing Strategy
- Business administration
