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Ag megatrends report warns of big trade, production changes ahead | Farm Online

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Australian farmers have been warned to prepare for much wealthier, more demanding overseas customers; more volatile trade environments dominated by multiple economic superpowers, and technology which may add $20 billion a year to farm sector productivity.

As the population of high income countries triples to 3 billion in 30 years, our fruit and vegetable and protein-rich meat, dairy product and nut exports will be in hot demand – doubling in some Asian markets.

However, sales growth will be more modest for wheat, coarse grains and rice as developing nations shift away from starchy staples.

Farm production will also be under intensified pressure to use more efficient energy, water, labour and land use strategies, while climate volatility…



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