My university has a good anecdote here

Not sure about this year but either two or three years ago over 90% of the University of New England’s grant money (over $20MM) was from the School of Agriculture

I hate many aspects of the Australian economy (especially our lack of economic diversity) but having world-best tech for farming isn’t one of them. America is still leaps and bounds behind us in many different subdomains of Agriculture and Mining

Australia is weak for only really having primary industries, but we sure are very optimised for it