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Commodities Briefing - Categorized | Agriculture, Trends more

Is the agriculture sector set to boom?

Posted on 08 July 2013

In recent months, many of Australia’s richest and most powerful business people have said they think they know where Australia’s next boom will come from. With the government finally making provisions to reignite the Australian agricultural industry, experts are saying forget the mining boom, the dining boom is next.
There seems to be a reasonable basis for their prediction. Asia’s rising number of middle class will soon be demanding much more food as the number of individuals (in the “middle class”) goes from 500 million to 3 billion in coming decades. With over 20 times more arable land per capita, Australia stands to benefit from China, India and Indonesia’s potentially high demand………………………………………..Full Article: Source


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VRS - who has written 37561 posts on Opalesque Commodities Briefing.


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