Duxton’s Agri Bits and Pieces Vol. 317

 

QUOTE OF THE WEEK

This week’s quote comes from the ‘Australian Grains Outlook for 2016-17 and Industry Productivity’ published this month by the Australian Bureau of Agricultural and Resource Economics and Sciences (ABARES). This quote highlights the improvements in production efficiency achieved by the Australian cropping industry which has been attributed to technological improvements such as superior machinery, new plant varieties, enhanced water management and a more developed understanding of harvesting and planting strategies.

“Productivity is an important measure of performance for the Australian cropping industry because it reflects improvements in the efficiency with which inputs such as land, labour and capital are used in crop production. Productivity growth is determined as an increase in output beyond any associated increase in input (or a decrease in the quantity of inputs needed to produce a unit of output). ABARES measures productivity using total factor productivity (TFP), which takes into account the full range of inputs and outputs that are generated on farm. The cropping industry has the…

Read More

Duxton’s Agri Bits and Pieces Vol. 316

 

QUOTE OF THE WEEK

This week’s quote comes from the recently released report Lessons from the water market: The southern Murray–Darling Basin water allocation market 2000–01 to 2015–16. This report analyses the major demand and supply side drivers of water allocation market prices in the southern Murray-Darling Basin, drawing on historical data for 2000–01 to 2015–16. The report finds that higher water prices in recent years can be explained by five key factors, including changes in water demand from the irrigation sector.

“Between 2000–01 and 2015–16, there have been many structural changes in the irrigation sector affecting the demand for water and therefore market prices. In particular, there has been a steady decline in wine grape areas, an expansion in other horticultural crops, (including nuts) and a slight shift from rice to cotton. Overall, the most significant change has been an increase in demand for water from horticulture within the lower Victorian Murray region. While further research is required to confirm the effect of these changes…

Read More

Duxton’s Agri Bits and Pieces Vol. 315

 

QUOTE OF THE WEEK

The World Bank has suggested that global production of food will need to increase by 50% by 2050 if world population continues to rise at its current pace. Yet, the effects of climate change may lead to crop yields falling by more than a quarter. Given these dynamics, farmers are exploring ways of increasing their production, more sustainably at lower cost. This week’s quote captures the “internet of plants and fields”.

“In Japan, the world’s first entirely automated lettuce farm is due for launch next year…Everything after seeding will be done by machines – watering, trimming, harvesting – on shelves stacked from floor to ceiling.. Automation has reduced labour costs by 50%, and LED lighting developed specifically for plant cultivation reduces energy costs by 30%. It doesn’t matter what the weather or climate is outside. And growing vegetables in vertical farms means you can recycle 98% of the water and produce food much closer to where people consume it, cutting down on…

Read More

Go to page: