Duxton’s Agri Bits and Pieces Vol. 227

QUOTE OF THE WEEK

Director-General Jose Graziano da Silva of the Food and Agriculture Organisation has announced the creation of a new facility that will focus on bringing together technical expertise and financial resources to counter the effects of extreme weather conditions and natural disasters on agriculture.

Agriculture and all it encompasses is not only critical for our food supply, it also remains a main source of livelihoods across the planet…with this new effort, we are aiming to limit people’s exposure to risk, avoid or reduce impacts where possible, and enhance preparedness to respond quickly when disasters occur. Studies have suggested that for every dollar spent on disaster risk reduction, two to four dollars are returned in terms of avoided or diminished impacts.

Read more: http://goo.gl/59o6Wz

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FARMER CONFIDENCE AT A FOUR-YEAR HIGH

Confidence among the Australia’s farmers has jumped to a four-year high as solid January rains, the falling Australian dollar and soaring beef prices bolster sentiment in the bush.

Rural lender Rabobank’s quarterly confidence survey, which questions 1000 primary producers across the nation, found farmers have started 2015 in high spirits following…

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Vietnam Update – March 2015

ECONOMIC UPDATE

The Vietnamese economy is seeing clear signs of recovery with positive economic indicators in February.

HSBC’s Purchasing Manager Index inched up marginally to 51.7 in February from 51.5 in January, driven by solid growth of output and new orders as well as a further reduction in input prices due to lower fuel cost. Meanwhile, the Industrial Production Index (IIP) in the first two months of 2015 also rose 12% YoY, much higher than the growth of 5.4% YoY during the same period last year.

February’s Consumer Price Index (CPI) continued to decrease 0.05% MoM and the headline inflation settled at 0.34% YoY1. Much of the decline was attributable to a drop of 4.41% MoM in transportation basket due to lower oil prices, while food and foodstuff basket witnessed a modest increase of 0.53% MoM despite of the Lunar New Year holiday1. The real retail sales growth of 10.7% in February pointed out the recovery of domestic demand and reaffirmed low inflation was mainly driven by cheaper production costs1.

Vietnam’s YTD trade deficit was narrowed to USD 61 million…

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Duxton’s Agri Bits and Pieces Vol. 226

QUOTE OF THE WEEK

Commercial-scale farm businesses in Australia represent a good investment opportunity with returns that are comparable with other investment options available to the broader Australian community, according to ABARES (Australian Bureau of Agricultural and Resource Economics and Sciences) Executive Director, Karen Schneider.

In an analysis of risks and returns, commercial-scale farm businesses in Australia can be good investments compared with other uses of capital – they provide returns that are commensurate with their risk profile. This means that investing in Australian farms can be a good strategy for owners of capital seeking exposure to this sector of the Australian economy.

Read more: http://goo.gl/jA52OE

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NANOTECHNOLOGY USED TO INCREASE SHELF LIFE OF TROPICAL FRUITS

In a bid to assist small farmers in India and Sri Lanka, a multi-million dollar research project has harnessed a naturally occurring chemical that can prolong shelf life.

Mangoes are the second largest fruit crop in India and the third largest crop in Sri Lanka, however large production losses cost farmers and their communities millions of dollars annually.

Associate Professor Jayasankar Subramanian at the University of Guelph in Canada is…

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