Australia’s almond industry has witnessed the peak of its growth, as land near suitable water sources becomes increasingly scarce, according to one of the nation’s biggest growers.
Select Harvests chief executive Paul Thompson told The Australian Ag Podcast, out today, he believed the almond industry’s rapid paced growth over the past decade was on its last legs.
“I think we’ve seen the boom because of the lack of suitable land close enough to the river, with enough water security,” he said.
“I mean, you don’t just buy a farm on the basis of great soil. It’s a combination…
