6 months in and we are beginning to see some unfamiliar results, leaving the door wide open for how the remainder of the year will pan out.
The first 6 months is best categorised as being unsteady; but with changes set in motion we have also welcomed in a wave of renewed hope and reinvigoration to the agricultural industry as a whole. With major changes across the world and trade deals hastily being made between new and old trade partners alike we have seen agriculture thrust to the forefront of this new policy making. The uncertainty of presidential elections, European elections and Brexit have certainly rocked the boat but it seems that once stagnant trade deals are being refreshed with growing optimism. There is a very real sense that the doom and gloom of current economic forecasts could transpire unless a fresh approach is used in an ever-evolving financial market.
The challenges farmers are facing have been confounded by previous years of little to no profits, restructuring of debt to finance ongoing projects and poor financial opportunities to grow what is left of any savings. This of course spills over beyond the world of agriculture and are challenges that many industries face. But with the growing focus being on agriculture, agriculturalists are increasingly being put under the spotlight.
It is under this spotlight that we have seen smart agriculturalists thrive and excel in 5 distinct areas over the last 6 months.
1) Working smarter. Smart farm managers have been narrowing down their finances to detailed levels never before seen. Instead of working by the acre, farmers are making every meter produce as much yield as possible. This increased efficiency is a trend we have seen blossom and expect to really flourish in the months and years ahead.
2) More of our urban areas are being used for farming. With a heightening need for food comes an increasing need for resourcefulness. We have seen busy urban hubs using new technology to grow food in smart and previously unutilised spaces.
3) Agriculturalists are diversifying into other fields and returning back to their roots to implement the skills they have learned elsewhere. They are drawing on practices in other industries to make their farms work more effectively.
4) Consumers are speaking loud and clear and smart farm managers are answering their calls. The need for organic produce is soaring and farmers are developing new technologies and methods to keep up with the demand. As the world’s population becomes more ethically aware so too are the supermarkets. This means smart farmers are diversifying to cater to this change.
5) Those pesky millennials have revolutionised the way the world operates and this technology based modernisation has driven many exciting and also game changing advances. We are now seeing Generation Z entering the workplace that Millennials are drastically changing on an ongoing basis. Smart farmers are bringing together the exciting opportunities both generations are offering them.
With all this happening so rapidly it is with bated breath that we watch the next 6 months unfold. Check back here for more up to date news!