Description
Estimates of the Adjusted Yield, Revenue, Expenses, Operating Profit, Labour, and regional flow on impacts (GDP, Household income, and Labour) associated with a land use in a location.
These are based on the Plant and Food Research (PFR) estimates of crop suitability and production.
Date: May 2024 Version: v2
Owner: LWP Ltd
Contact: Simon Harris, LWP Ltd
Link to report / paper
LWP Ltd. 2022. Whitiwhiti Ora Productive Potential - Report on Method for Estimating Economics of Horticultural, Arable, and Alternate Dairy Land Uses (Final Data Release). March 2024 Milestone Report for Whitiwhiti Ora.
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Dataset attributes
Spatial extent |
National. Data provided only for locations where PFR suitability score is > 0.5 |
Spatial resolution |
National scale data allocated to 5km grids |
Temporal extent |
2023.0 |
Temporal resolution |
Annual |
Evaluation method (Validation) |
None |
Evaluation result (Numeric) |
|
Evaluation result (Categorical) |
|
Uncertainty method |
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Uncertainty data format (Numeric) |
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Uncertainty data format (Categorical) |
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Methodology
Data is based on a report from Agribusiness Group.
The average of Plant and Food Research (PFR) yield for the top 10% of locations was used as a ratio of the industry data single point yield estimate to scale the PFR yield in each location.
This adjusted yield was used to estimate revenue, variable expenses and variable labour requirements for each location. From these the total revenue, expenses, operating profit and on farm labour costs were calculated. FTE per 10 ha was calculated using a standard cost of $52,345/FTE.
These data points were used to generate estimates of direct (on farm) gross domestic product (GDP), household income (HHI), and employment (FTE per 10 ha). Multipliers from a regional IO table were used to calculate the indirect and induced effects of the expenditure and houshold income, which was added to the direct estimates to generate a Total GDP, Total HHI, and Total FTE/10 ha.
Fitness for purpose / limitations
This table indicates whether the dataset is suitable for different types of questions at different scales.
Note: Users should carefully consider their purpose as this dataset may not be suitable.
|
Operational
| Absolute
| Relative
| Screening/scoping
|
Block/farm |
No | No | No | Yes |
Multi-farms(5+) |
No | Maybe | Maybe | Yes |
Catchment |
Maybe | Yes | Yes | Yes |
National/regional |
Yes | Yes | Yes | Yes |
Caveat(s) |
Data based on information provided by Agribusiness Group in 2023. Problems with high variability in expenses, and rapid changes in costs of production should be noted. Caveats with PFR yield data should be noted in the estimates for any site. |