To report on the outcomes of the 2014 Rural Finance Crop Challenge.
Key messages
The profitability of any crop is highly sensitive to changes in both yield and price. In past Crop Challenges, cost of production ($/t) and crop yield (t/ha) have been strong indicators of financial return. On average, these indicators have been able to predict 75-90% of the variation in gross margin.
In 2014 due to low yields and vastly different cost structures across the teams, yield was a substantially better indicator of final gross margin (see Figure 4 in attached trial report).
Trial source data and summary not available Check the trial
report PDF for trial results.
Climate
Derived climate information
No observed climate data available for this trial. Derived climate data is
determined from trial site location and national weather sources.
Inverleigh VIC
SILO weather estimates sourced from https://www.longpaddock.qld.gov.au/silo/
Jeffrey, S.J., Carter, J.O., Moodie, K.B. and Beswick, A.R. (2001). Using spatial interpolation to
construct a comprehensive archive of Australian climate data , Environmental Modelling and Software, Vol
16/4, pp 309-330. DOI: 10.1016/S1364-8152(01)00008-1.
