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Farming in the 21 st Century

Farming in the 21 st Century. Thursday 19 May 2011. Myth One: Drought is an unlucky and unexpected event. Myth Two: Australian farmers are poor. Myth Three: If I struggle and get one good season, all will be OK. Myth Four: Family farms have no future. Myth Five:

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Farming in the 21 st Century

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  1. Farming in the 21st Century Thursday 19 May 2011

  2. Myth One: Drought is an unlucky and unexpected event. • Myth Two: Australian farmers are poor. • Myth Three: If I struggle and get one good season, all will be OK. • Myth Four: Family farms have no future. • Myth Five: Agriculture has no future.

  3. The effects of major drought

  4. The effects of major drought (cont’d)

  5. Myth two: Australian Farmers are poor

  6. Myth three: If I struggle and get one good season!

  7. One good season? Or Skill Scale, And off farm income

  8. Myth four. Family farms have no future

  9. Ninety-seven % Of farms with a GFI Exceeding $500,000 Are Family Owned ABARE 2006

  10. Myth five: Agriculture has no future.

  11. Myth five: Agriculture has no future • around 17 per cent of the work force. • 4 per cent of workers employed in the rural industries contribute as much to Australia’s export earnings as the 85 percent of the work force employed in the services sector.

  12. Myth five: Agriculture has no future • While agricultural production today contributes only 3.1 per cent of GDP) the farm-dependent economy – the farm services sector, food and fibre processing, and similar industries – • account for a massive 12.1 per cent of GDP. • agriculture accounts for only about 4 per cent of employment directly, it keeps 1.6 million people in work nationally

  13. Agriculture can perform as the graph below indicates.

  14. Australia’s population

  15. January 2011 Remplan Economic Data for the Grampians Pyrenees Region (GP region = Ararat, Northern Grampians and Pyrenees Shires) and Pyrenees Shire Council (PSC)

  16. The top five ranking industries in terms of wages payments (in $M):-

  17. MAJOR INDUSRIES OF THE PYRENEES SHIRE JANUARY 2011

  18. The Second and Third S

  19. New Approaches • Farmers don't need to own land. • Landowners don't have to farm. • Agriculture must compete with other industries. • Next Gen may get a start away from the family farm • Need new ways of doing things.

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