Duxton’s Agri Bits and Pieces Vol. 171

QUOTE OF THE WEEK

The green revolution which took place in the latter half of last century was largely responsible for staving off food crises. As the world quickly approaches the next crunch, predicted by some to be in 10 years and by others to be in 50yrs, we are actively looking for new innovations that are going to revolutionise the agriculture sector. We are not alone, Bill Gate, via video address at the Global Forum for Innovations in Agriculture Conference, held in Dubai earlier this month commented that:

“In a world where most of the poorest are farmers, investments in agriculture are the best weapons against hunger and poverty. To help the poorest seize agriculture’s potential, we need to unleash as much innovation as possible.”

Along with this tact, this week’s Agri Bits and Pieces will focus on some non-commercial innovation that could be disruptive and revolutionary to the agriculture sector.

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A REVISIT TO URBAN FARMING: AN UNDERGROUND BOMB SHELTER IS REAPPROPRIATED

A network of tunnels 33 metres under Clapham in London, originally built as a WWII bomb shelter, is being used to…

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Vietnam Update – Feb, 2014

vietnam tableEconomic update

Economic indicators in January 2014 showed a brighter picture for Vietnam’s manufacturing sector, and thus supporting for a gradual recovery of the nation’s economy.

HSBC released the Purchasing Manager Index of 52.1 in January 2014, up from 51.8 previously and was the highest level since April 2011. The index was supported by the surge of new overseas orders, sharp growth of purchasing activities and increasing employment for the sixth consecutive month. The General Statistics of Vietnam also reported a slight increase of 3% YoY in Industrial Production Index, showing increased demand for production outputs.

The Consumer Price Index rose 0.69% MoM or 5.45% YoY in January, mainly driven by the surge of transport price and food price in Tet holidays. This was the lowest cost increase during the Tet season in 5 years thanks to the government’s price stabilization program to restrain inflation.

Trade deficit in January 2014 was estimated to amount to USD 100 million due to the decrease of both 10.8% YoY in exports and 1.9% YoY in imports1. The…

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Duxton’s Agri Bits and Pieces Vol. 170

QUOTE OF THE WEEK

The coffee market “was almost like a spring, or a ball under water, where you hold it down and then it just pops,” said Adam Sarhan, chief executive at Sarhan Capital, a New York investment firm. “At this point, the path of least resistance is higher until data emerges.”

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IN FOR A SHOT:ARABICA COFFEE PRICES CLIMB TO 16-MONTH HIGHS

Coffee prices posted their biggest two-day gain in nearly 14 years as traders and investors focused on reduced output from Brazil caused by dry weather.

Arabica coffee, prized for its mild flavour and typically used in gourmet blends, traded Wednesday at prices last seen on Oct. 4, 2012, boosted by concerns that unusually dry weather in top-grower and exporter Brazil would crimp supplies.

Prices have climbed 55% this year, and consumers are likely to pay more for their java as roasters and coffee shops compensate for the surge. But arabica producers outside of Brazil are benefiting from the rally, after struggling with near seven-year-low prices as recently as November.

Futures surged 23% this week, the biggest two-day gain since July…

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