A new report from Australia's CSIROthe country's national science agencypredicts that if current trends continue, the country's agricultural sector could be down 50% by 2050 in some areas.
"The decline in farm profitability over the last two decades is a stark warning sign, with projections indicating decline by up to 50% in some areas by 2050," CSIRO's Dr. Katherine Wynn says in a press release, per the Sydney Morning Herald.
"However, our research offers an optimistic outlook, and indicates Australia can achieve productive, sustainable, and resilient farming systems if we act now to facilitate long-term transformative change in agricultural innovation."
The report lays out four scenarios for what Australia's agricultural sector could look like by 2050, including regional agricultural capitals, a "forward-thinking sector embracing new opportunities and novel technologies," landscape stewardship, and climate survival.
The challenges facing Australian farming already include climate change, emissions reduction needs, supply chain disruptions, workforce access, changing consumer preferences, maintaining market access, and long innovation timelines, the press release notes. Read the Entire Article
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