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PRT 2008. Lecture 13. Future challenges in agriculture. Labor shortage. We have to depend on foreigners to work in our plantation (oil palm, rubber, cocoa). They are mainly Indonesians and Filipinos. . Labor cost. Labor cost is going up by the year. Price fluctuation.
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PRT 2008 Lecture 13
Labor shortage We have to depend on foreigners to work in our plantation (oil palm, rubber, cocoa). They are mainly Indonesians and Filipinos.
Labor cost Labor cost is going up by the year
Price fluctuation Price of commodities fluctuates in the world market (oil palm, rubber, cocoa, etc.)
Price of chemicals and fertilizers Going up. This increases the cost of crop production.
Machinery The price has gone up to
Young Malaysian Not interested to work in the farm. Why?
Big companies Not interested to invest in agricultural enterprise, except for rubber and oil palm