Australian farmers face a potential profit decline of up to 53% by 2050 due to climate change, according to CSIRO's Ag2050 Scenarios Report.

The report underscores the necessity for farmers to adapt through transformative practices and the adoption of new technologies.

A six-month study involving 54 agricultural organizations contributed to the report's findings, stressing immediate action to mitigate risks.

CSIRO offers an optimistic future for Australian agriculture, emphasizing that sustainable and resilient farming is attainable with proactive innovation.