Agriculture and food commodities are expected to grow by 5 per cent over the next four years, with the rise driven by the introduction of corn and soybeans and other crops.
Key points: Farm productivity will continue to fall for the next five years despite increased use of nitrogen fertilizer, which has made a difference to productivity in the past year Rural agriculture is expected to see a 12 per cent increase in demand in the next two decades Rural farms are forecast to produce $12.3 billion worth of goods and services in the year to March 2021 Rural farming is forecast to be worth $2.4 billion by 2022 Rural agriculture will create 1.3 million jobs by 2030, up from 1.2 million jobs the year before Rural farming will also be a major source of jobs in the future Rural agriculture’s impact on the economy is expected increase from $2 billion in 2022 to $7.2 billion by 2026 Rural farming could provide the equivalent of 6.8 million jobs in 2030 Rural farmers could provide 6.5 million jobs over the same period.
Farm productivity fell by 1.7 per cent in the three months to March 2020, with demand for nitrogen fertilisers, which is used in farming to help boost productivity, increasing by a quarter.
Agricultural technicians are needed to take care of the nitrogen fertiliser and other equipment needed to fertilise land and water.
This is important as there are currently very few farmers who can work on nitrogen fertilisation systems, said the head of the Rural Agriculture Industry Association, Mark McKechnie.
The cost of nitrogen fertilised land is very high, so there’s a lot that needs to be done, and we need to keep the demand coming in.””
The nitrogen fertilising systems we have are expensive, the price of the equipment we have is also a big issue.”
The cost of nitrogen fertilised land is very high, so there’s a lot that needs to be done, and we need to keep the demand coming in.
“But it is not just about the cost of fertilisers.
It is also about the demand for the land and the people who work on the land.
The increase in rural agricultural production is also expected to have an impact on population growth.
According to the Australian Bureau of Statistics, rural farming will grow by 3.3 per cent by 2021, up a quarter from 2.9 per cent the year earlier.
But there is concern that this is only a modest increase compared to the 10 per cent growth in population growth that occurred in the same time frame.”
What we are seeing is a very slow growth in rural farming,” Mr McKechenie said.
He said he expected the number of rural farming jobs to continue to grow, with 2.6 million jobs being created in the state by 2021.
Mr McKechanie said that the number and intensity of agriculture activities in rural Australia were growing at a rate of 6 per cent per annum, with new crops being introduced almost every two years.
Agriculture was also expected the next major driver of employment growth in the coming years.”
We’ve got a lot more food coming into the country in the years ahead, so you’re going to see the increase in agricultural activity,” he said.”
In 2021, you’re likely to see more farmers with jobs, and in 2022 that’s likely to increase as well.
We’re seeing an increase in the number [of farmers] as well, but the demand is going to be the same.
And that’s going to drive the growth in agriculture.
“Mr McKeechnie said the impact of farming on the environment was also significant.
If you look at the world’s top 20 producers, you’ll see they’re all on the edge of extinction, and that’s just agriculture, he said, adding that many of these agricultural products were also the key ingredient in building the infrastructure that allows them to do so.
Rural agriculture is the most important sector in the country for the future, but rural farmers are also a significant source of employment.
They are also responsible for many of the environmental problems that are driving our changing climate, Mr McKenzie said.
He said it was also important to note that the rural economy in Australia was also in the spotlight in the lead-up to the 2020 census, with rural farmers expected to provide the biggest contribution to the Census Bureau’s economic impact.