The agricultural industry has undergone some major changes, that are currently affecting everyone who works in the field. From food production to consumers, these new trends are likely to have ripple effects for years to come. After all, farming plays a crucial role in our lives, as it provides such an essential service. Any future changes must be put into place gradually, so as not to disturb those who rely upon the industry.
The world’s population is the largest it’s ever been, and even more people will be born in the years to come. Life expectancy is also growing, due to improvements in the field of medicine. All this boils down to one reality: there are more people to feed. This is likely to amplify the negative effects agriculture already has on the environment, hopefully leading farmers to find better alternatives.
Consumers themselves are also changing, becoming increasingly tech-savvy and more informed about the impacts farming leaves behind. Farmers will likely need to change business practices as well as how they advertise, making sure consumers know how their produce will be made in the years to come.
Farming will become a less profitable career in the future. This is not an easy thing to accept, particularly if you’re new to the field, but planning in advance will help you manage the changing market. It is believed that overall, this year’s agricultural income will be at its lowest rate since 2006.
Another hot topic emerging in the food industry is not about production, but rather how food products are managed and used. Waste is a major problem, as perfectly good food is often thrown away due to rules preventing its donation to those who need it. It will take careful cooperation between farmers and the government for this issue to be resolved.
Farming has always been on the cutting edge of technology, and this will continue to be the case. New tech will likely focus on testing the soil, and using drones as a tool in digital farm management.
Agriculture is a global business, and that should be reflected in its handling of finances. This is where digital payments, micro transactions and blockchain technology will play a key role in the years ahead. It will take time for farmers to adopt these new technologies and adjust to them accordingly. The changes will likely start with bigger farming companies, and trickle down to smaller farmers over time.
Agriculture is undoubtedly changing, from technology advancements to a shift in public opinion. The impacts of these changes will not always be positive, but planning ahead will help farmers adapt to whatever the future may hold.