A generic image of multiple stacks of coins next to a pen
Markets

Global Food Demand to Rise 75% by 2050 But Cattle Prices to Dip 10% in 2014, Aussie Farmers Warned

While Australia's farmers face bright prospects in the long term as global demand for food is project to go up by 75 per cent in 2050, they have to contend with short-term dip in prices.

An Australian Bureau of Agricultural Research Economics and Sciences (ABARES) outlook conference on Tuesday in Canberra warned cattle raisers to expect a 10 per cent decrease in animal prices in mid-2014.

Read More on International Business Times

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Other Topics

Commodities

Latest Markets Videos