Winter 2021: Ag thriving in disruption

Winter 2021: Ag thriving in disruption

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There’s no denying that 2020 was a year of extreme disruption by any measure. The COVID-19 pandemic was responsible for tragically high loss of life and the shuttering of countries and economies around the world. In Australia, the agricultural economy was further disrupted by ongoing trade disputes and the imposition of tariffs by China, our major agricultural trade partner. Yet, in the face of this disruption, the value of Australian agriculture is now forecast at a record $66.3 billion for 2021/22.
While some individual businesses and some supply chains have been severely impacted by the pandemic and the imposition of tariffs, agriculture as an industry is thriving. To many this may not be a surprise, as Australian agriculture has always found ways to manage the repercussions of extreme disruption. Unlike most other large exporting nations, very little government assistance is available in the Australian ag sector to counter the ever-present twin disruptive forces of a highly variable climate and volatile global commodity markets.

Guiding businesses through periods of disruption is uncomfortable, and some do not make it to the other side. Those businesses and industries that survive do so through adaptation, evolution, and innovation. Disruption builds resilience and sets new standard practices, leads to new markets and opportunities.

Published 21 Jul 2021

As Australia’s fastest growing sector, agri-food is second only to mining in terms of its importance to the national economy. But agri-food has an important decision to make – to what extent it will continue business as usual, exporting untapped value-add potential with every container of raw commodity. Alternatively, it…

Published 21 Jul 2021

‘Regenerative’ farming is gaining attention, particularly of policy makers and not-for-profits who increasingly direct funding to support regenerative agriculture (RA) initiatives. RA practitioners have been referred to as ‘disruptors’ – farmers who introduce new processes, challenging traditional practices and creating new markets. We review the range of practices that could…

Published 16 Jun 2021

We stand at a crossroads in history. The impacts of geopolitical tensions, climate change, wildfire, extreme weather events and loss of biodiversity are some of the immediate challenges impacting our capacity to grow agricultural crops sustainably. But we must do so whilst avoiding the depletion of natural resources and maintaining…

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Published 21 Jul 2021

As Australia’s fastest growing sector, agri-food is second only to mining in terms of its importance to the national economy. But agri-food has an important decision to make – to what extent it will continue business as usual, exporting untapped value-add potential with every container of raw commodity. Alternatively, it…
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