Farm adjustment in a changing grain market

Farmers have responded in diverse ways to the decline in wheat prices. While many have moved from wheat into other crops, some farmers have continued to increase their wheat area. However, the main feature of the adjustment has been the subtantial increase in sheep numbers on farms growing wheat. In...

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Veröffentlicht in:Quarterly review of the rural economy 1987-09, Vol.9 (3), p.291-298
Hauptverfasser: Bowen, B, Poulter, D
Format: Artikel
Sprache:eng
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Zusammenfassung:Farmers have responded in diverse ways to the decline in wheat prices. While many have moved from wheat into other crops, some farmers have continued to increase their wheat area. However, the main feature of the adjustment has been the subtantial increase in sheep numbers on farms growing wheat. In 1986-87 this increase accounted for an estimated two-thirds of the rise in the national sheep flock
ISSN:0156-7446