The Futures Council for the Association of Equipment Manufacturers has developed a list of trends driving changes in food and ag production.
Topping the list was a push to produce more with less environmental impact. They point to advancements in genetics and precision agriculture to do so. The optimization of water was next; they say there is work left to do when it comes to monitoring supplies and changes to irrigation. Thirdly, increased global demand for protein, projecting it to double by mid-century. Lastly, a shorter food supply chain. They are looking at ways food can be raised closer to home, pointing out advancements in vertical farming.
AEM leaders say these trends will have a significant impact on the grain and feed industry.