Farm output needs to grow 70% by 2050
Since land expansion will cover only part of the increase, farmers need to make long-term investments in productivity growth while making agriculture more sustainable. Proactive entrepreneurship and improved financial and risk management skills will be required to change the entire food value chain and close the productivity gap.
The research suggests the options for growing a rural business are numerous, including maximising agricultural production requires investments to increase acreage, productivity and efficiency. However, farmers will also need to broaden their skills and expertise and become better marketers with improved financial and risk-management capabilities.
