Duxton’s Agri Bits and Pieces – Vol. 348

QUOTE OF THE WEEK

This week’s quote of the week comes from Dr Theo de Jager, newly elected president of the World Farmers’ Organisation, on the challenges that farmers face in Africa and how he plans to address these.

‘the rest of the world sees Africa’s agriculture in a much more positive light than we do ourselves. Farmers in mainly west and central Africa often have a ‘poor peasant’ mentality. They see themselves as dependent on development aid and are some of the poorest and most food-insecure people in the world. Their concern during discussions is often about obtaining financial support from rich countries, and not necessarily the optimisation of their farms as businesses…But I’m encouraged by the new generation of young farmers in Africa. They want to commercialise, modernise and mechanise, and they are dreaming big.”

IRISH MILK SUPPLIES CONTINUE TO SURGE AHEAD

Irish milk production is surging ahead of the first six months of last year and is up more than any…

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Duxton’s Agri Bits and Pieces – Vol. 347

QUOTE OF THE WEEK

This week’s quote of the week comes from Ngaire Woods, dean of the Blavatnik School of Government and founder of the Global Economic Governance Programme at the University of Oxford, in regards to reforming British agriculture after Brexit.

The United Kingdom’s withdrawal from the European Union no doubt carries many risks. But, if British politicians and business leaders are right, it also creates an important opportunity: the possibility of building a safer, greener, more efficient, and more innovative farming sector. If the UK manages to seize this opportunity, the EU, the United States and other economies with highly protected agricultural sectors might follow suit”

AUSTRALIAN WHEAT TO DEFY GLOBAL PRICES, ACCORDING TO RABOBANK

In its August Agribusiness Monthly report, Rabobank said Australian wheat prices had hit $317 a tonne in mid-July but had followed a decline in Chicago Board of Trade prices since then.

CBOT prices fell further last week…

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Duxton’s Agri Bits and Pieces – Vol. 346

QUOTE OF THE WEEK

This week’s quote of the week comes from Beijing – based Chinese policy specialist Erlend Ek, in relation to new import standards in China as its government aims to implement food safety and agriculture policy reforms.

“They are heading toward quality; they want to be seen as a quality producer…they have just revised 6000 national standards for food, China is at a critical stage of a transition from planned economy toward a modern agriculture industry’

AUSTRALIAN CONSUMER RETAIL PRICE INFLATION

From 1970 to 2011 Australia’s Bureau of Statistics (ABS) tracked the average retail prices of selected items. The manner in which the ABS calculated changed over the years as the standardised measurements for these common grocery items changes, for the purposes of this analysis the units have been standardised and converted. This results of which conclude that the average annual rate of price increase from 1970 to 2011 is…

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