SlideShare une entreprise Scribd logo
1  sur  23
Practical management of climate variability in a changing climate Peter McIntosh, Senthold Asseng, Dean Thomas, Guomin Wang and Nirav Khimashia
Overview ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Nyabing
Good years decreasing
The importance of good years 80% of income in 40% of years
Simulated wheat crop 1980-2006 ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
How much N (nitrogen fertiliser) to add? Nyabing, clay soil, 1980-2006 $2 per $1 N $1 per $1 N All years Maximize GM
Why be risk averse? 3 bad years in a row can lose the farm 1 really bad year can compromise the next 2-3
Number of years to be 95% sure of breaking even 3 years 6 years
Above median Below median  Nyabing, clay soil, 1980-2006 What if we had a rainfall forecast? All years $2 per $1 N
Potential value of a forecast Gain $59 by not fertilising in bad years (max GM only) Gain $212 (risk averse) or $134 (max GM) by fertilising in good years Risk averse strategy has more to gain from a forecast risk averse gain $255K max GM gain $117K 80 / 0 60 / 0 77 / 77 0 / 0 N (kg/ha) above/below 527,500 410 / 27 211 Correct  2 category (maximise GM) 490,000 378 / 27 196 Correct 2 category (risk averse) 410,000 376 / -32 164 Climatology (maximise GM) 235,000 166 / 27 94 Climatology (risk averse) Farm Income ($/2500ha) GM ($/ha) above/below ave Strategy
Seasonal forecast model - POAMA ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Forecast skill r=0.32 at Nyabing (significant at 90% but not 95%) 70% at Nyabing (significant at 95%) correlation (r) two-category hit rate
Use POAMA forecast to determine N Wrong forecast Below median With POAMA forecast Risk averse strategy
risk averse gain $167K max GM gain $10K 420,000 335 / 13 168 80 / 0 POAMA 2 category (maximise GM) 402,500 313 / 20 161 60 / 0 POAMA 2 category (risk averse) 80 / 0 60 / 0 77 / 77 0 / 0 N (kg/ha) above/below 527,500 410 / 27 211 Correct 2 category (maximise GM) 490,000 378 / 27 196 Correct 2 category (risk averse) 410,000 376 / -32 164 Climatology (maximise GM) 235,000 166 / 27 94 Climatology (risk averse) Farm Income ($/2500ha) GM ($/ha) above/below ave Strategy
Forecast value Planted area 2500 ha 9% $527,500 $420,000 $410,000 Maximise GM 66% $490,000 $402,500 $235,000 Risk averse Forecast efficacy Correct forecast POAMA forecast Climatology
How long for a forecast to pay off? 7 years
How long for a forecast to pay off? 3 years
Forecast makes the most of good years 80% of income in 40% of years same income in 15% of years
Managing mixed farms with seasonal forecasts all crop all crop +FC crop/   pasture crop   +FC /   pasture crop   +FC /  pasture  +FC dry wet 5 options Farm 1 Farm 3 Farm 4 Farm 5 Farm 2
3000 ha farm, duplex soil Mixed farming benefits from a POAMA forecast GM from sheep Forecast benefit
Summary ,[object Object],[object Object],[object Object],[object Object],[object Object]
Thank you CAWCR (The Centre for Australian Weather and Climate Research -  A partnership between CSIRO and BoM) Peter McIntosh Principal Research Scientist Phone:  +61 3 6232 5390 Email:  peter.mcintosh@csiro.au Web:  www.csiro.au/cmar Contact Us Phone:  1300 363 400  or  +61 3 9545 2176 Email:  Enquiries@csiro.au  Web:  www.csiro.au

Contenu connexe

Similaire à Practical management of climate variability in a changing climate - Peter McIntosh

Mapping hotspots of climate change and food insecurity across the global tropics
Mapping hotspots of climate change and food insecurity across the global tropicsMapping hotspots of climate change and food insecurity across the global tropics
Mapping hotspots of climate change and food insecurity across the global tropicsWorld Agroforestry (ICRAF)
 
Climate Change Impacts and Household Vulnerability of Rainfed Farming Systems...
Climate Change Impacts and Household Vulnerability of Rainfed Farming Systems...Climate Change Impacts and Household Vulnerability of Rainfed Farming Systems...
Climate Change Impacts and Household Vulnerability of Rainfed Farming Systems...ICRISAT
 
Barry Mudge, Orroroo presentation
Barry Mudge, Orroroo presentationBarry Mudge, Orroroo presentation
Barry Mudge, Orroroo presentationClimate Kelpie
 
Futuristic multi-model approach : Customizing adaptation packages to reduce v...
Futuristic multi-model approach : Customizing adaptation packages to reduce v...Futuristic multi-model approach : Customizing adaptation packages to reduce v...
Futuristic multi-model approach : Customizing adaptation packages to reduce v...ICRISAT
 
Rising to the challenge of establishing a climate smart agriculture
Rising to the challenge of establishing a climate smart agricultureRising to the challenge of establishing a climate smart agriculture
Rising to the challenge of establishing a climate smart agricultureDecision and Policy Analysis Program
 
Climate Change and Future Food Security: The Impacts on root and Tuber Crops
Climate Change and Future Food Security: The Impacts on root and Tuber CropsClimate Change and Future Food Security: The Impacts on root and Tuber Crops
Climate Change and Future Food Security: The Impacts on root and Tuber CropsACDI/VOCA
 
Day 2 ashfaq ahmad chattha, university of faisalabad, pakistan, arrcc-carissa...
Day 2 ashfaq ahmad chattha, university of faisalabad, pakistan, arrcc-carissa...Day 2 ashfaq ahmad chattha, university of faisalabad, pakistan, arrcc-carissa...
Day 2 ashfaq ahmad chattha, university of faisalabad, pakistan, arrcc-carissa...ICIMOD
 
cambio climatico en los andes
cambio climatico en los andescambio climatico en los andes
cambio climatico en los andesJorge Rubiano
 
Sistemas de información para la gestión ambiental en la agricultura
Sistemas de información para la gestión ambiental en la agriculturaSistemas de información para la gestión ambiental en la agricultura
Sistemas de información para la gestión ambiental en la agriculturaFAO
 
Climate change
Climate changeClimate change
Climate changeCIAT
 
Integrated agricultural system, migration, and social protection strategies t...
Integrated agricultural system, migration, and social protection strategies t...Integrated agricultural system, migration, and social protection strategies t...
Integrated agricultural system, migration, and social protection strategies t...ILRI
 
Eco efficiency of Integrated Soil Fertility Management in Western Kenya Somm...
Eco efficiency of Integrated Soil Fertility Management in Western Kenya  Somm...Eco efficiency of Integrated Soil Fertility Management in Western Kenya  Somm...
Eco efficiency of Integrated Soil Fertility Management in Western Kenya Somm...CIAT
 

Similaire à Practical management of climate variability in a changing climate - Peter McIntosh (20)

Managing risk in a highly variable climate: farmer case study - Barry Mudge
Managing risk in a highly variable climate: farmer case study - Barry MudgeManaging risk in a highly variable climate: farmer case study - Barry Mudge
Managing risk in a highly variable climate: farmer case study - Barry Mudge
 
Mapping hotspots of climate change and food insecurity across the global tropics
Mapping hotspots of climate change and food insecurity across the global tropicsMapping hotspots of climate change and food insecurity across the global tropics
Mapping hotspots of climate change and food insecurity across the global tropics
 
Climate Change Impacts and Household Vulnerability of Rainfed Farming Systems...
Climate Change Impacts and Household Vulnerability of Rainfed Farming Systems...Climate Change Impacts and Household Vulnerability of Rainfed Farming Systems...
Climate Change Impacts and Household Vulnerability of Rainfed Farming Systems...
 
De pinto a cost benefit analyses for mitigation
De pinto a cost benefit analyses for mitigationDe pinto a cost benefit analyses for mitigation
De pinto a cost benefit analyses for mitigation
 
Barry Mudge, Orroroo presentation
Barry Mudge, Orroroo presentationBarry Mudge, Orroroo presentation
Barry Mudge, Orroroo presentation
 
Regional impacts of climate change on dryland farm: or what characteristics m...
Regional impacts of climate change on dryland farm: or what characteristics m...Regional impacts of climate change on dryland farm: or what characteristics m...
Regional impacts of climate change on dryland farm: or what characteristics m...
 
9. Environmental Stress Tolerance - Dave Hooker
9. Environmental Stress Tolerance - Dave Hooker9. Environmental Stress Tolerance - Dave Hooker
9. Environmental Stress Tolerance - Dave Hooker
 
Futuristic multi-model approach : Customizing adaptation packages to reduce v...
Futuristic multi-model approach : Customizing adaptation packages to reduce v...Futuristic multi-model approach : Customizing adaptation packages to reduce v...
Futuristic multi-model approach : Customizing adaptation packages to reduce v...
 
Rising to the challenge of establishing a climate smart agriculture
Rising to the challenge of establishing a climate smart agricultureRising to the challenge of establishing a climate smart agriculture
Rising to the challenge of establishing a climate smart agriculture
 
Climate Change and Future Food Security: The Impacts on root and Tuber Crops
Climate Change and Future Food Security: The Impacts on root and Tuber CropsClimate Change and Future Food Security: The Impacts on root and Tuber Crops
Climate Change and Future Food Security: The Impacts on root and Tuber Crops
 
IFPRI- Climate Change and Food Security - P S Birthal, NCAP
IFPRI- Climate Change and Food Security - P S Birthal, NCAPIFPRI- Climate Change and Food Security - P S Birthal, NCAP
IFPRI- Climate Change and Food Security - P S Birthal, NCAP
 
Day 2 ashfaq ahmad chattha, university of faisalabad, pakistan, arrcc-carissa...
Day 2 ashfaq ahmad chattha, university of faisalabad, pakistan, arrcc-carissa...Day 2 ashfaq ahmad chattha, university of faisalabad, pakistan, arrcc-carissa...
Day 2 ashfaq ahmad chattha, university of faisalabad, pakistan, arrcc-carissa...
 
cambio climatico en los andes
cambio climatico en los andescambio climatico en los andes
cambio climatico en los andes
 
Elevated atmospheric CO2 and wheat production in Australia - Glenn Fitzgerald
Elevated atmospheric CO2 and wheat production in Australia - Glenn FitzgeraldElevated atmospheric CO2 and wheat production in Australia - Glenn Fitzgerald
Elevated atmospheric CO2 and wheat production in Australia - Glenn Fitzgerald
 
Sistemas de información para la gestión ambiental en la agricultura
Sistemas de información para la gestión ambiental en la agriculturaSistemas de información para la gestión ambiental en la agricultura
Sistemas de información para la gestión ambiental en la agricultura
 
Climate change
Climate changeClimate change
Climate change
 
Facing climate variability and extremes
Facing climate variability and extremesFacing climate variability and extremes
Facing climate variability and extremes
 
Integrated agricultural system, migration, and social protection strategies t...
Integrated agricultural system, migration, and social protection strategies t...Integrated agricultural system, migration, and social protection strategies t...
Integrated agricultural system, migration, and social protection strategies t...
 
Eco efficiency of Integrated Soil Fertility Management in Western Kenya Somm...
Eco efficiency of Integrated Soil Fertility Management in Western Kenya  Somm...Eco efficiency of Integrated Soil Fertility Management in Western Kenya  Somm...
Eco efficiency of Integrated Soil Fertility Management in Western Kenya Somm...
 
The impact of mechanization in smallholder rice production in Nigeria
The impact of mechanization in smallholder rice production in NigeriaThe impact of mechanization in smallholder rice production in Nigeria
The impact of mechanization in smallholder rice production in Nigeria
 

Plus de Climate Change Research Strategy for Primary Industries

Plus de Climate Change Research Strategy for Primary Industries (20)

Is it commercially viable to use dicyandiamide on a dairy farm in south-weste...
Is it commercially viable to use dicyandiamide on a dairy farm in south-weste...Is it commercially viable to use dicyandiamide on a dairy farm in south-weste...
Is it commercially viable to use dicyandiamide on a dairy farm in south-weste...
 
How will the impact of elevated carbon dioxide on grain production vary with ...
How will the impact of elevated carbon dioxide on grain production vary with ...How will the impact of elevated carbon dioxide on grain production vary with ...
How will the impact of elevated carbon dioxide on grain production vary with ...
 
Securing pulses under changed climates - Rebecca Ford
Securing pulses under changed climates - Rebecca FordSecuring pulses under changed climates - Rebecca Ford
Securing pulses under changed climates - Rebecca Ford
 
Nutrient supply, below ground processes and elevated CO2 change the nutrition...
Nutrient supply, below ground processes and elevated CO2 change the nutrition...Nutrient supply, below ground processes and elevated CO2 change the nutrition...
Nutrient supply, below ground processes and elevated CO2 change the nutrition...
 
Impact of climate change on wheat phenology in the NSW wheat belt - De Li Liu
Impact of climate change on wheat phenology in the NSW wheat belt - De Li LiuImpact of climate change on wheat phenology in the NSW wheat belt - De Li Liu
Impact of climate change on wheat phenology in the NSW wheat belt - De Li Liu
 
Will climate change negate better farm management for improving water quality...
Will climate change negate better farm management for improving water quality...Will climate change negate better farm management for improving water quality...
Will climate change negate better farm management for improving water quality...
 
Managing crop production uncertainties and climate variability through a map-...
Managing crop production uncertainties and climate variability through a map-...Managing crop production uncertainties and climate variability through a map-...
Managing crop production uncertainties and climate variability through a map-...
 
Can flexibility be built into cropping systems for adapting to climate uncert...
Can flexibility be built into cropping systems for adapting to climate uncert...Can flexibility be built into cropping systems for adapting to climate uncert...
Can flexibility be built into cropping systems for adapting to climate uncert...
 
Managing future agricultural production in a variable and changing climate - ...
Managing future agricultural production in a variable and changing climate - ...Managing future agricultural production in a variable and changing climate - ...
Managing future agricultural production in a variable and changing climate - ...
 
An integrated assessment of land use change in the Border Rivers-Gwydir catch...
An integrated assessment of land use change in the Border Rivers-Gwydir catch...An integrated assessment of land use change in the Border Rivers-Gwydir catch...
An integrated assessment of land use change in the Border Rivers-Gwydir catch...
 
Agricultural adaptation during times of change - Thilak Mallawaarachchi
Agricultural adaptation during times of change - Thilak MallawaarachchiAgricultural adaptation during times of change - Thilak Mallawaarachchi
Agricultural adaptation during times of change - Thilak Mallawaarachchi
 
Future Farm Industries Cooperative Research Centre: profitable perennials - B...
Future Farm Industries Cooperative Research Centre: profitable perennials - B...Future Farm Industries Cooperative Research Centre: profitable perennials - B...
Future Farm Industries Cooperative Research Centre: profitable perennials - B...
 
Yield Prophet and precision agriculture - a suitable tool for risk management...
Yield Prophet and precision agriculture - a suitable tool for risk management...Yield Prophet and precision agriculture - a suitable tool for risk management...
Yield Prophet and precision agriculture - a suitable tool for risk management...
 
An historical analysis of the changes in pasture production and growing seaso...
An historical analysis of the changes in pasture production and growing seaso...An historical analysis of the changes in pasture production and growing seaso...
An historical analysis of the changes in pasture production and growing seaso...
 
Resilience surfaces for pasture production under climate change scenarios - B...
Resilience surfaces for pasture production under climate change scenarios - B...Resilience surfaces for pasture production under climate change scenarios - B...
Resilience surfaces for pasture production under climate change scenarios - B...
 
Grains best management practice for managing climate threats and opportunitie...
Grains best management practice for managing climate threats and opportunitie...Grains best management practice for managing climate threats and opportunitie...
Grains best management practice for managing climate threats and opportunitie...
 
Will managing for climate variability also manage for climate change? - Andre...
Will managing for climate variability also manage for climate change? - Andre...Will managing for climate variability also manage for climate change? - Andre...
Will managing for climate variability also manage for climate change? - Andre...
 
Restoring soil carbon and landscape function will require us to change oursel...
Restoring soil carbon and landscape function will require us to change oursel...Restoring soil carbon and landscape function will require us to change oursel...
Restoring soil carbon and landscape function will require us to change oursel...
 
Modelling nitrous oxide emissions from agricultural soils - Deli Chen
Modelling nitrous oxide emissions from agricultural soils - Deli ChenModelling nitrous oxide emissions from agricultural soils - Deli Chen
Modelling nitrous oxide emissions from agricultural soils - Deli Chen
 
Can we reduce nitrous oxide emissions from animal production systems - Kevin ...
Can we reduce nitrous oxide emissions from animal production systems - Kevin ...Can we reduce nitrous oxide emissions from animal production systems - Kevin ...
Can we reduce nitrous oxide emissions from animal production systems - Kevin ...
 

Dernier

Apidays New York 2024 - Scaling API-first by Ian Reasor and Radu Cotescu, Adobe
Apidays New York 2024 - Scaling API-first by Ian Reasor and Radu Cotescu, AdobeApidays New York 2024 - Scaling API-first by Ian Reasor and Radu Cotescu, Adobe
Apidays New York 2024 - Scaling API-first by Ian Reasor and Radu Cotescu, Adobeapidays
 
AWS Community Day CPH - Three problems of Terraform
AWS Community Day CPH - Three problems of TerraformAWS Community Day CPH - Three problems of Terraform
AWS Community Day CPH - Three problems of TerraformAndrey Devyatkin
 
Workshop - Best of Both Worlds_ Combine KG and Vector search for enhanced R...
Workshop - Best of Both Worlds_ Combine  KG and Vector search for  enhanced R...Workshop - Best of Both Worlds_ Combine  KG and Vector search for  enhanced R...
Workshop - Best of Both Worlds_ Combine KG and Vector search for enhanced R...Neo4j
 
Partners Life - Insurer Innovation Award 2024
Partners Life - Insurer Innovation Award 2024Partners Life - Insurer Innovation Award 2024
Partners Life - Insurer Innovation Award 2024The Digital Insurer
 
How to Troubleshoot Apps for the Modern Connected Worker
How to Troubleshoot Apps for the Modern Connected WorkerHow to Troubleshoot Apps for the Modern Connected Worker
How to Troubleshoot Apps for the Modern Connected WorkerThousandEyes
 
Strategies for Landing an Oracle DBA Job as a Fresher
Strategies for Landing an Oracle DBA Job as a FresherStrategies for Landing an Oracle DBA Job as a Fresher
Strategies for Landing an Oracle DBA Job as a FresherRemote DBA Services
 
Bajaj Allianz Life Insurance Company - Insurer Innovation Award 2024
Bajaj Allianz Life Insurance Company - Insurer Innovation Award 2024Bajaj Allianz Life Insurance Company - Insurer Innovation Award 2024
Bajaj Allianz Life Insurance Company - Insurer Innovation Award 2024The Digital Insurer
 
Tata AIG General Insurance Company - Insurer Innovation Award 2024
Tata AIG General Insurance Company - Insurer Innovation Award 2024Tata AIG General Insurance Company - Insurer Innovation Award 2024
Tata AIG General Insurance Company - Insurer Innovation Award 2024The Digital Insurer
 
Automating Google Workspace (GWS) & more with Apps Script
Automating Google Workspace (GWS) & more with Apps ScriptAutomating Google Workspace (GWS) & more with Apps Script
Automating Google Workspace (GWS) & more with Apps Scriptwesley chun
 
Polkadot JAM Slides - Token2049 - By Dr. Gavin Wood
Polkadot JAM Slides - Token2049 - By Dr. Gavin WoodPolkadot JAM Slides - Token2049 - By Dr. Gavin Wood
Polkadot JAM Slides - Token2049 - By Dr. Gavin WoodJuan lago vázquez
 
Artificial Intelligence Chap.5 : Uncertainty
Artificial Intelligence Chap.5 : UncertaintyArtificial Intelligence Chap.5 : Uncertainty
Artificial Intelligence Chap.5 : UncertaintyKhushali Kathiriya
 
From Event to Action: Accelerate Your Decision Making with Real-Time Automation
From Event to Action: Accelerate Your Decision Making with Real-Time AutomationFrom Event to Action: Accelerate Your Decision Making with Real-Time Automation
From Event to Action: Accelerate Your Decision Making with Real-Time AutomationSafe Software
 
MINDCTI Revenue Release Quarter One 2024
MINDCTI Revenue Release Quarter One 2024MINDCTI Revenue Release Quarter One 2024
MINDCTI Revenue Release Quarter One 2024MIND CTI
 
Understanding Discord NSFW Servers A Guide for Responsible Users.pdf
Understanding Discord NSFW Servers A Guide for Responsible Users.pdfUnderstanding Discord NSFW Servers A Guide for Responsible Users.pdf
Understanding Discord NSFW Servers A Guide for Responsible Users.pdfUK Journal
 
Manulife - Insurer Innovation Award 2024
Manulife - Insurer Innovation Award 2024Manulife - Insurer Innovation Award 2024
Manulife - Insurer Innovation Award 2024The Digital Insurer
 
Why Teams call analytics are critical to your entire business
Why Teams call analytics are critical to your entire businessWhy Teams call analytics are critical to your entire business
Why Teams call analytics are critical to your entire businesspanagenda
 
Apidays Singapore 2024 - Building Digital Trust in a Digital Economy by Veron...
Apidays Singapore 2024 - Building Digital Trust in a Digital Economy by Veron...Apidays Singapore 2024 - Building Digital Trust in a Digital Economy by Veron...
Apidays Singapore 2024 - Building Digital Trust in a Digital Economy by Veron...apidays
 
Exploring the Future Potential of AI-Enabled Smartphone Processors
Exploring the Future Potential of AI-Enabled Smartphone ProcessorsExploring the Future Potential of AI-Enabled Smartphone Processors
Exploring the Future Potential of AI-Enabled Smartphone Processorsdebabhi2
 
Deploy with confidence: VMware Cloud Foundation 5.1 on next gen Dell PowerEdg...
Deploy with confidence: VMware Cloud Foundation 5.1 on next gen Dell PowerEdg...Deploy with confidence: VMware Cloud Foundation 5.1 on next gen Dell PowerEdg...
Deploy with confidence: VMware Cloud Foundation 5.1 on next gen Dell PowerEdg...Principled Technologies
 
ProductAnonymous-April2024-WinProductDiscovery-MelissaKlemke
ProductAnonymous-April2024-WinProductDiscovery-MelissaKlemkeProductAnonymous-April2024-WinProductDiscovery-MelissaKlemke
ProductAnonymous-April2024-WinProductDiscovery-MelissaKlemkeProduct Anonymous
 

Dernier (20)

Apidays New York 2024 - Scaling API-first by Ian Reasor and Radu Cotescu, Adobe
Apidays New York 2024 - Scaling API-first by Ian Reasor and Radu Cotescu, AdobeApidays New York 2024 - Scaling API-first by Ian Reasor and Radu Cotescu, Adobe
Apidays New York 2024 - Scaling API-first by Ian Reasor and Radu Cotescu, Adobe
 
AWS Community Day CPH - Three problems of Terraform
AWS Community Day CPH - Three problems of TerraformAWS Community Day CPH - Three problems of Terraform
AWS Community Day CPH - Three problems of Terraform
 
Workshop - Best of Both Worlds_ Combine KG and Vector search for enhanced R...
Workshop - Best of Both Worlds_ Combine  KG and Vector search for  enhanced R...Workshop - Best of Both Worlds_ Combine  KG and Vector search for  enhanced R...
Workshop - Best of Both Worlds_ Combine KG and Vector search for enhanced R...
 
Partners Life - Insurer Innovation Award 2024
Partners Life - Insurer Innovation Award 2024Partners Life - Insurer Innovation Award 2024
Partners Life - Insurer Innovation Award 2024
 
How to Troubleshoot Apps for the Modern Connected Worker
How to Troubleshoot Apps for the Modern Connected WorkerHow to Troubleshoot Apps for the Modern Connected Worker
How to Troubleshoot Apps for the Modern Connected Worker
 
Strategies for Landing an Oracle DBA Job as a Fresher
Strategies for Landing an Oracle DBA Job as a FresherStrategies for Landing an Oracle DBA Job as a Fresher
Strategies for Landing an Oracle DBA Job as a Fresher
 
Bajaj Allianz Life Insurance Company - Insurer Innovation Award 2024
Bajaj Allianz Life Insurance Company - Insurer Innovation Award 2024Bajaj Allianz Life Insurance Company - Insurer Innovation Award 2024
Bajaj Allianz Life Insurance Company - Insurer Innovation Award 2024
 
Tata AIG General Insurance Company - Insurer Innovation Award 2024
Tata AIG General Insurance Company - Insurer Innovation Award 2024Tata AIG General Insurance Company - Insurer Innovation Award 2024
Tata AIG General Insurance Company - Insurer Innovation Award 2024
 
Automating Google Workspace (GWS) & more with Apps Script
Automating Google Workspace (GWS) & more with Apps ScriptAutomating Google Workspace (GWS) & more with Apps Script
Automating Google Workspace (GWS) & more with Apps Script
 
Polkadot JAM Slides - Token2049 - By Dr. Gavin Wood
Polkadot JAM Slides - Token2049 - By Dr. Gavin WoodPolkadot JAM Slides - Token2049 - By Dr. Gavin Wood
Polkadot JAM Slides - Token2049 - By Dr. Gavin Wood
 
Artificial Intelligence Chap.5 : Uncertainty
Artificial Intelligence Chap.5 : UncertaintyArtificial Intelligence Chap.5 : Uncertainty
Artificial Intelligence Chap.5 : Uncertainty
 
From Event to Action: Accelerate Your Decision Making with Real-Time Automation
From Event to Action: Accelerate Your Decision Making with Real-Time AutomationFrom Event to Action: Accelerate Your Decision Making with Real-Time Automation
From Event to Action: Accelerate Your Decision Making with Real-Time Automation
 
MINDCTI Revenue Release Quarter One 2024
MINDCTI Revenue Release Quarter One 2024MINDCTI Revenue Release Quarter One 2024
MINDCTI Revenue Release Quarter One 2024
 
Understanding Discord NSFW Servers A Guide for Responsible Users.pdf
Understanding Discord NSFW Servers A Guide for Responsible Users.pdfUnderstanding Discord NSFW Servers A Guide for Responsible Users.pdf
Understanding Discord NSFW Servers A Guide for Responsible Users.pdf
 
Manulife - Insurer Innovation Award 2024
Manulife - Insurer Innovation Award 2024Manulife - Insurer Innovation Award 2024
Manulife - Insurer Innovation Award 2024
 
Why Teams call analytics are critical to your entire business
Why Teams call analytics are critical to your entire businessWhy Teams call analytics are critical to your entire business
Why Teams call analytics are critical to your entire business
 
Apidays Singapore 2024 - Building Digital Trust in a Digital Economy by Veron...
Apidays Singapore 2024 - Building Digital Trust in a Digital Economy by Veron...Apidays Singapore 2024 - Building Digital Trust in a Digital Economy by Veron...
Apidays Singapore 2024 - Building Digital Trust in a Digital Economy by Veron...
 
Exploring the Future Potential of AI-Enabled Smartphone Processors
Exploring the Future Potential of AI-Enabled Smartphone ProcessorsExploring the Future Potential of AI-Enabled Smartphone Processors
Exploring the Future Potential of AI-Enabled Smartphone Processors
 
Deploy with confidence: VMware Cloud Foundation 5.1 on next gen Dell PowerEdg...
Deploy with confidence: VMware Cloud Foundation 5.1 on next gen Dell PowerEdg...Deploy with confidence: VMware Cloud Foundation 5.1 on next gen Dell PowerEdg...
Deploy with confidence: VMware Cloud Foundation 5.1 on next gen Dell PowerEdg...
 
ProductAnonymous-April2024-WinProductDiscovery-MelissaKlemke
ProductAnonymous-April2024-WinProductDiscovery-MelissaKlemkeProductAnonymous-April2024-WinProductDiscovery-MelissaKlemke
ProductAnonymous-April2024-WinProductDiscovery-MelissaKlemke
 

Practical management of climate variability in a changing climate - Peter McIntosh

  • 1. Practical management of climate variability in a changing climate Peter McIntosh, Senthold Asseng, Dean Thomas, Guomin Wang and Nirav Khimashia
  • 2.
  • 5. The importance of good years 80% of income in 40% of years
  • 6.
  • 7. How much N (nitrogen fertiliser) to add? Nyabing, clay soil, 1980-2006 $2 per $1 N $1 per $1 N All years Maximize GM
  • 8. Why be risk averse? 3 bad years in a row can lose the farm 1 really bad year can compromise the next 2-3
  • 9. Number of years to be 95% sure of breaking even 3 years 6 years
  • 10. Above median Below median Nyabing, clay soil, 1980-2006 What if we had a rainfall forecast? All years $2 per $1 N
  • 11. Potential value of a forecast Gain $59 by not fertilising in bad years (max GM only) Gain $212 (risk averse) or $134 (max GM) by fertilising in good years Risk averse strategy has more to gain from a forecast risk averse gain $255K max GM gain $117K 80 / 0 60 / 0 77 / 77 0 / 0 N (kg/ha) above/below 527,500 410 / 27 211 Correct 2 category (maximise GM) 490,000 378 / 27 196 Correct 2 category (risk averse) 410,000 376 / -32 164 Climatology (maximise GM) 235,000 166 / 27 94 Climatology (risk averse) Farm Income ($/2500ha) GM ($/ha) above/below ave Strategy
  • 12.
  • 13. Forecast skill r=0.32 at Nyabing (significant at 90% but not 95%) 70% at Nyabing (significant at 95%) correlation (r) two-category hit rate
  • 14. Use POAMA forecast to determine N Wrong forecast Below median With POAMA forecast Risk averse strategy
  • 15. risk averse gain $167K max GM gain $10K 420,000 335 / 13 168 80 / 0 POAMA 2 category (maximise GM) 402,500 313 / 20 161 60 / 0 POAMA 2 category (risk averse) 80 / 0 60 / 0 77 / 77 0 / 0 N (kg/ha) above/below 527,500 410 / 27 211 Correct 2 category (maximise GM) 490,000 378 / 27 196 Correct 2 category (risk averse) 410,000 376 / -32 164 Climatology (maximise GM) 235,000 166 / 27 94 Climatology (risk averse) Farm Income ($/2500ha) GM ($/ha) above/below ave Strategy
  • 16. Forecast value Planted area 2500 ha 9% $527,500 $420,000 $410,000 Maximise GM 66% $490,000 $402,500 $235,000 Risk averse Forecast efficacy Correct forecast POAMA forecast Climatology
  • 17. How long for a forecast to pay off? 7 years
  • 18. How long for a forecast to pay off? 3 years
  • 19. Forecast makes the most of good years 80% of income in 40% of years same income in 15% of years
  • 20. Managing mixed farms with seasonal forecasts all crop all crop +FC crop/ pasture crop +FC / pasture crop +FC / pasture +FC dry wet 5 options Farm 1 Farm 3 Farm 4 Farm 5 Farm 2
  • 21. 3000 ha farm, duplex soil Mixed farming benefits from a POAMA forecast GM from sheep Forecast benefit
  • 22.
  • 23. Thank you CAWCR (The Centre for Australian Weather and Climate Research - A partnership between CSIRO and BoM) Peter McIntosh Principal Research Scientist Phone: +61 3 6232 5390 Email: peter.mcintosh@csiro.au Web: www.csiro.au/cmar Contact Us Phone: 1300 363 400 or +61 3 9545 2176 Email: Enquiries@csiro.au Web: www.csiro.au

Notes de l'éditeur

  1. Fig. 4 - Example of changes in gross margins (A$ ha-1) for increasing N fertiliser applications for all May-October seasons (_____), for the above median May-October rainfall seasons only (…..) and for the below median May-October rainfall seasons only (- - - - -) for an initially dry (at start of season) clay soil at Nyabing in the Western Australian wheat-belt. Arrows indicate individual optimised N application for each group of seasons for a wheat price of A$200 t-1, N fertiliser cost of A$1 kg-1 N and a profit target of A$2 per each 1A$ invested in N fertiliser. See text for more details.
  2. Fig. 4 - Example of changes in gross margins (A$ ha-1) for increasing N fertiliser applications for all May-October seasons (_____), for the above median May-October rainfall seasons only (…..) and for the below median May-October rainfall seasons only (- - - - -) for an initially dry (at start of season) clay soil at Nyabing in the Western Australian wheat-belt. Arrows indicate individual optimised N application for each group of seasons for a wheat price of A$200 t-1, N fertiliser cost of A$1 kg-1 N and a profit target of A$2 per each 1A$ invested in N fertiliser. See text for more details. Question: Is $2 per $1 incremental or total?
  3. Keep sheep # constant
  4. Fig. 2 - Average (1980-2006) farm gross margin (A$ farm-1) for a duplex soil at a) Nyabing and b) Katanning, Western Australia for five management strategies. The whole bar shows the total farm cross margins, the open bar shows the gross margins from the pasture (sheep) component. All Crop – whole farm under cropping; All Crop + forecast; whole farm under cropping with N fertiliser management using seasonal POAMA rainfall forecasts; Crop/Pasture – mixed crop-pasture (sheep) farm; Crop + forecast/pasture – mixed crop-pasture (sheep) farm with N fertiliser management in cropping using seasonal POAMA rainfall forecasts; Crop + forecast/pasture + forecast – mixed crop-pasture (sheep) farm with N fertiliser management in cropping and pasture area allocated using seasonal POAMA rainfall forecasts. See Table 1 for farm details. Error bars indicate standard deviation for whole farm gross margins.