Projecting Livestock Numbers

Rod Forbes and Peter Gardiner

No 97790, 2004 Conference, June 25-26, 2004, Blenheim, New Zealand from New Zealand Agricultural and Resource Economics Society

Abstract: The Ministry of Agriculture and Forestry (MAF) undertakes forecasts and projections of livestock numbers as part of the twice yearly contribution to The Treasury’s economic and fiscal updates. MAF’s Pastoral Supply Response Model (PSRM) was recently re-developed and used for the first time in the Budget Economic and Fiscal Update round of 2004. The PSRM projects annual inventory numbers as at 30 June, births and livestock numbers for slaughter. The paper discusses the PSRM, the post-model adjustments process, and the feed through to a simplistic assessment of land use changes within pasture areas.

Keywords: Agribusiness; Agricultural and Food Policy; Crop Production/Industries; Environmental Economics and Policy; Farm Management; Land Economics/Use; Livestock Production/Industries; Resource/Energy Economics and Policy (search for similar items in EconPapers)
Pages: 17
Date: 2004-06
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Persistent link: https://EconPapers.repec.org/RePEc:ags:nzar04:97790

DOI: 10.22004/ag.econ.97790

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