
Farm Table says:
The take home messages from this GRDC funded research are below. Please access the full paper via the link below for methodology, references, acknowledgements and discussion.
Take home messages from the paper include:
- NSW General Security (GS) allocations determine water prices.
- It is what you do in the low water price years that counts.
- Determine your buy, sit and sell water price which is unique to your system.
- Short term decisions based on finishing what you have started, seasonal decisions based upon gross margin comparison with selling/buying water, and strategic decisions about infrastructure development and water ownership are based on longer term farm financial performance.