South Australia launches the AgTech Strategic Plan
South Australia launches the AgTech Strategic Plan | AusMedio News
Australian agriculture has a goal of reaching $100 billion farm-gate output by 2030 from $69 billion in 2018- 19. A step towards the plan is South Australia’s AgTech Strategic Plan. Revenue from the state’s primary industries and related agribusinesses totalled $15.2 billion in 2018/19, supporting over 76,000 jobs directly and underwriting South Australia’s vibrant regional economy. With AgTech Strategic Plan in place, the potential benefit could rise to $2.6 billion per annum.
Primary industries are vital to South Australia’s economy with grains, livestock, horticulture, wine, seafood, forests, and dairy sectors making major contributions to the state’s export revenue.
The AgTech Strategic Plan has huge possibility as now there is an exciting opportunity to stimulate the Agri sectors through the adoption of AgTech solutions to enable agribusiness to innovate, grow and adopt more efficient production practices. To avoid gaps in terms of knowledge sharing, the making of the plan involved Primary producers to AgTech developers. Also, stakeholders included in the making of the plan were Researchers, Scientists, and Government Agencies.
Too few AgTech solutions have been widely adopted by primary producers.