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Climate change will disrupt farming

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Climate change is set to bring big disruptions to the agriculture world in the coming decades. Weather volatility is going to throw the sector for a lop, bringing more frequent droughts, flooding and storms, according to a report from BMI research on agriculture mega trends. As water becomes more scare and global temperatures rise, regulations for agriculture- the world’s largest contributor to non-carbon dioxide emissions- are likely to become stricter and farmers will demand more environment- friendly equipment and farming techniques. Agriculture  will shift from being labor intensive to being capital intensive, with farmers relying on technology to get bigger yields from their crops, spur profits and solve problems like reduction of waste, said the report. In this scenario, one of the big winners will be precision-agriculture companies and some of their gains will come at the expense of growers, said BMI research.

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