INCREMENTAL changes – the ‘one percenters’ – make a lot more difference to farm profitability over time than most people realise, according to Professor Ross Kingwell, chief economist of the Australian Export Grains Innovation Centre (AEGIC).
Ross Kingwell explains why incremental improvement can translate to long term increases in profitability.
In a presentation at the GRDC Crop Updates in Perth, February 2019, Ross clearly demonstrated the lift in farm profit possible from persistent incremental change. "Suppose you plant 2000 hectares of...
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