Future of New Zealand Agriculture
There are two main views on the immediate future of New Zealand agriculture. One is that, due to fast-rising consumer demand in India and China, the world is entering a golden age for commodities, and New Zealand is well placed to take advantage of this. The other view is that New Zealand will only gain limited rewards from this boom because of increasing production competition from developing countries. For New Zealand to remain competitive, farmers will either have to intensify production to remain commodity producers (increasing stock and fertiliser per hectare) or, instead, become producers of higher value, more customised products.
AgResearch Ltd (New Zealand's largest Crown Research Institute) believes that new technologies will allow New Zealand farmers to double their output by 2020, while simultaneously reducing greenhouse-gas emissions and other detrimental environmental impacts associated with farming practices.
Read more about this topic: Agriculture In New Zealand
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