UnSubRocky wrote on Jun 27
th, 2024 at 1:00pm:
lee wrote on Jun 27
th, 2024 at 12:57pm:
With this less rainfall - it is amazing that crop yields keep increasing.
Better farming practices.
yields are ok but the price of crops (and hence the price of food for urban consumers ) is going to climb very steeply.
1 the AVERAGE age of a farmer in australia is now 60 and many are about to retire
2 the younger generation DO NOT want to work the land
3 energy prices are the main cost of input now, electricity for running irrigators is extremely expensive
4 water prices are going to go up a lot (i am currently on a licence to pump whatever i like, this is changing in the next few years to compulsory meters , which we have to pay for, and a charge per megalitre
5 fertiliser and herbicide costs have increased a lot as these are generally relient on the petro chemical industry
6 the biosecurity costs around fire ants which are being passed over to the producer are significant
7 labor is hard to secure
8 the value of the land is very high (farmers are very asset rich and cash flow poor). as urban folk continue to bid up rural prices with a tree change, many productive farmers will cash out and the land will become non productive back yard