By 2050, the world will need to feed more than nine billion people, requiring nearly 70 percent more food than we consume today.
Agricultural and food industries are an important part of the Australian economy and national identity. They are set to remain so as global demand for food rises over the next four decades.
With the mining boom all but over, commentators are hungry to seek the next driver for Australia’s growth. And with a fast growing middle class in Asia seeking more products for consumption, the Asian Food Bowl becomes an obvious source of potential. This Asian potential was reinforced with the 2014 trade mission by the Prime Minister and 600 or so of…
Australia’s farmers are big winners after the Free Trade Agreement with China was signed today. The agreement hopes to catalyse further growth and foreign investment in Australia’s dairy, beef, and sheep farming industries. The full article is here.