global agreement to scrap agricultural export subsidies , Great for the country

I'm surprised this isn't getting more media today . ABC rural seems to be the only place reporting it .

For decades our highly efficient farm sector has battled on the international stage against subsidies . As an extreme example , the tariff on Rice in Japan is 1000 % ...

As the mining investment boom slows , it may well be the agricultural sector that steps up to the plate to do some heavy lifting .

Cliff

 

I heard that news over ABC. Now the agreement has been reached, when does it actually start? It is good news and, Australia needs to move on from being a mining country to a different market/enterprise. Need to look after the land.

 

Don't know when it starts .

They've been talking for a while about Australia being the food bowl for asia .

This will give more support for the industry .

It's a very Big story for the health of our economy moving forwards . Nice to have a positive story amid all the negativity that some of the forum members seem intent on posting . Something that is factual , rather than doomsday what if senarios.

Cliff

 

Nice find SC. Farming and technology will lead the way going forward. We are positioned nicely to capitalise.

 

Thanks for the share, Cliff.

I have been banging on on this forum about Ag being a key sector for "life after mining/resources" fir Australia for some time now.

Food is where our economy can win.

Not only this, but it is more sustainable economically in comparison to most other sectors (well, pending climate change bumps in the road hurting crops and cattle/livestock run on land...), and slightly less currency-fluctuation-dependent than other sectors.

In fact, Ive carefully considered Ag employment in my selection strategy for a recent property purchase along with am upcoming purchase too..

 

Ditto .

We've bought a couple of properties in a regional area which has a growing reputation as a foodie / boutique ag area . It wasn't the sole reason why we bought there but it was a factor in favour , along with high returns , low vacancies and a few other factors .

Cliff