I had the chance to catch up with Dennis Voznesenski, who hosts a regular Commonwealth Bank Agri Podcast. Dennis is an Agricultural Economist and author of War and Wheat: navigating markets during global conflict and is a frequent commentator on Australian agricultural markets and dynamics. With a general sense in Australia that we struggle for demand side innovation, I felt a conversation with Dennis who is focussed on industry would make for an interesting set of perspectives.
Dennis shared insights on the current challenges facing Australian farmers, particularly regarding rising costs of fuel and fertiliser due to global events. It was interesting that he framed the innovation opportunity around cost of production as he described Australian farmers as price takers and as such, this is what they could control.
