The head of one of the world's largest agricultural commodity trading companies is warning Australian primary producers to take climate change seriously. Olam International chief executive Sunny Verghese has told Landline that agricultural producers and processors need to take action now. "It is absolutely a reality that climate change is going to significantly impact agriculture," he said. "It impacts it both from the nexus it has with water, and the nexus it has with micro-climate as well, so it is probably the most important driver to future agricultural production, productivity and therefore price."
