Top 10 Agricultural Countries by GDP Contribution 2016
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For more than 100 years, since the time of 1840s to 1950s, the Australian economy as it is said was ‘riding on the sheep’s back’.
Agriculture, mainly wool established Australia majorly as a thriving economy with substantial workforce, large port cities and service industries. Australia is known to be a major producer of agriculture with more than 325,300 employed in agriculture, fishing and forestry.
The farmers of Australia graze 135,997 farms covering over 61% of Australia’s landmass. All around the country there is a mix of dry-land farming and irrigation. The federal government for scientific research has made a forecast that decreased precipitation over much of Australia will cause climate change and this will exacerbate the already existing challenges in the areas of water availability and quality for agriculture.
There are three zones in Australia: the high rainfall region of Tasmania which is used principally for beef and dairy; then there is sheep zone which crops mainly winter crops and the grazing of sheep for wool, mutton and lamb; and lastly there is the pastoral zone which is described by less fertile soil, low rainfall and huge amount of pastoral activities which involves the grazing of beef cattle.
Grain legumes, oilseeds and cereals are produced on a very big scale to feed livestock and human consumption. Wheat in terms of area and value is the greatest produced crop in Australia. Sugarcane which is grown in tropical Australia is an important crop. However, the industry is not that much subsidized (lower cost than heavily subsidised American and European producers of sugar), they are struggling to compete with Brazilian industry which is more huge and efficient than it.
Agriculture contribution to GDP: 48,955.48 million dollars