Cereals, Production possibilities, Economic analysis, Western Australia
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While wheat is still generally the most profitable crop in Western Australia the relative profitability of barley and linseed has risen in the last few years; in southern areas they are likely to be at least as profitable as wheat.
Oats has fallen in profitability relative to wheat, and grain legumes have suffered a marked fall. Yields of these grains have increased with the introduction of new varieties but their price increases have not kept pace with those of wheat and barley. The present relationship of yields and costs indicates that substantial price changes will be needed to change the present higher profitability of wheat and barley in most cereal areas.
Fisher, H M.
"Comparison of economic returns from grain crops,"
Journal of the Department of Agriculture, Western Australia, Series 4: Vol. 17:
2, Article 8.
Available at: https://researchlibrary.agric.wa.gov.au/journal_agriculture4/vol17/iss2/8