A Brief Overview Of The Australian Farming Industry
It’s a worldwide known fact that Australia is among the top producers of a plethora of commodities and goods not only within the continent itself but to the countries and continents beyond its borders.
With agricultural produce such as wheat, along with grains, legumes, and a slew of intensive crops, livestock and dairy products, farm yield is a major player in exports. Substantively, the total grosses over $60M, and this number continues to increase to this day.
A shockingly amazing percentage of 70% (and above) of farming produce are exported. And this is a two-pronged interpretation. First, it’s that much GDP flows back into the country’s treasury. Secondly, other nations keep good relations with Australia, trade and export flourish as a result.
Of course, that’s not to say that all things domestic are put to the side. Not at all. Domestic distributions are as significant to exports. This is why both farmers and farming are highly prized in the Land Down Under. After all, 80 million Aussies are fed by farmers’ harvests.
Plus, with regards to employment, the farming industry is considered a major employer that supplies over 350,000 jobs to Aussies each year.
Economic Growth And Implications
The farming industry operates within what’s called an Open Economy. Similar to a number of other developed countries, this simply means that there are less strict prohibitions and regulations in importing from and exporting to the commonwealths of the world.
Another is that movements and pricing are therefore directly affected by farmers themselves. This accounts for significant growth in the industry. Though there’s a cycle that’s usually (and quite naturally) accounted for, Australian farmers, are deemed as the one of the most successfully efficient and productive throughout the globe.
On the other hand, studies have shown that the Australian farming industry receives very little support from the government, with only 2% of their total proceeds coming from the said governing body.
However, changes are being appropriated to ensure that farmers are provided with the aid that they need in order to sustain, and hopefully improve on profitability percentages. These changes may not be too copious yet. Still, bilateral free trade agreements and the talks exchanged pertaining to its positive effects especially for the long-term have already been put in place.
With the advancement of technology, the country is seamlessly shifting gears into incorporating high-tech types of machinery and sophisticated yet efficient farming techniques to increase production while lowering the negative impacts careless methods have on the environment.
Leading corporations have been working hand in hand with family-owned farmland, the latter holding a huge percentage of farm ownership, to reduce the greenhouse gas percentage thrown into the atmosphere year after year. And they’ve proven it possible to practice environment-safe agricultural modalities.
Climate And Water
Though parts of Australia experience winter, the continent’s climate is generally warm. As a matter of fact, it’s known for having the highest duration of sunshine as well as temperature during summers.
Though these factors are what allow both Aussies and tourists to plan their lifestyles in a more stable manner, on the subject of agriculture, maybe not so. Warm seasons equate to precipitation patterns that are less frequent.
This leads to a problem with water for farming. Irrigation is greatly affected by water availability and there have to be innovations in utilising H20 effectively and efficiently. And there are a few in place as of currents such as drip irrigation, desalination, and other similar practices in water management.
Still, with a constant increase in food production demand, more of these practices should be funded and endorsed in both the private and public sectors.
An Ageing Population
The ageing population in conjunction with fewer and fewer younger people joining the farming divisions may pose a threat to agriculture as a whole. Then again, to strike a balance with this decline, technological advancements in machinery have allowed operations to continue even with a small workforce.
Still, farms owned and run by families play a huge part in this industry and with younger people making their Exodus from farmland and into cities and city life, there is a gap in the way that the next generation of farmers is being passed the baton on to.
Government Investment And Support
Be that as it may, if the government can increase their investment and support towards this sector, said gap can be closed. As other nations fund innovations for farming development, there seems to be a listless movement in this direction.
But if it can be changed and quickened in the coming years, a rapid shift towards agricultural prosperity will finally be observed.
The Future Of Farming
Recent surveys have been continuing to show a decline in traditional farming, with integrations of technology in production. Consequently, there has also been a dwindling of the number of farmers in the workforce. Be that as it may, a shift has been seen as labour-intensive domains are slowly but steadily increasing in employment.