Identify and explain two major challenges facing the agriculture industry in developing countries.

1. Lack of access to technology and modern farming methods. In many developing countries, agriculture remains a labor-intensive and low-tech enterprise. Farmers often rely on traditional farming methods, which can be inefficient and result in low crop yields. One major challenge is the lack of access to modern technology and equipment, such as efficient irrigation systems, mechanized farming equipment and improved seed varieties. These technologies can significantly boost productivity and help farmers adapt to the changing climate. However, the cost of purchasing, operating and maintaining this equipment is often prohibitive for small-scale farmers in developing countries, limiting their ability to improve their yields and profits.

2. Limited availability of financing and credit. Another major challenge facing farmers in developing countries is the limited availability of financing and credit. Agriculture is a high-risk industry, particularly in regions that are prone to environmental shocks such as droughts and floods. Many farmers struggle to obtain the capital they need to invest in their farms, purchase needed inputs like seeds and fertilizer, and weather periods of low production. Additionally, interest rates on loans are often high, making it difficult for farmers to service their debts. Limited access to credit and financing can make it difficult for farmers to improve their operations and move out of poverty. 

In summary, two of the main challenges facing agriculture in developing countries are lack of access to technology and limited availability of financing and credit. Overcoming these challenges will require targeted intervention and investment in rural communities, in order to provide farmers with the resources and support they need to thrive.