Duxton’s Agri Bits and Pieces Vol. 236

QUOTE OF THE WEEK

This week’s quote comes from the Final Communiqué of the G20 Agricultural Ministers Meeting in Istanbul and explains the framework required to improve global agricultural productivity sustainability.

“Productivity improvement can be promoted by adopting technologies and sharing knowledge as much as new research and innovation. We recognize that adoption will not happen without favourable policy and regulatory environments and effective and locally adapted technical advisory and extension services. Taking into account the role played by agricultural policy in promoting sustainable food systems and food security, we call for greater cooperation and exchange of information among G20 members on policy experiences and successful practices in these respects and their sharing with non-member countries.”

Read the Final Communiqué here: https://goo.gl/05OMWg

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MORE INDONESIANS FAVORING BREAD OVER RICE

A voracious appetite for sandwiches and baked goods like cakes, pastries and donuts has turnedthe world’s fourth-most populous nation into the No. 2 importer of wheat.

Consumption of the grain has doubled since 2002, quite a feat for a tropical archipelago that, unlike most other major buyers, grows none.

Baked goods are often just…

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Duxton’s Agri Bits and Pieces Vol. 235

QUOTE OF THE WEEK

This week’s quote comes from the authors of Input constraints to food production: the impact of soil degradation in Volume 7 (April 2015) of the Journal of Food Security. The article explores how current soil degradation impacts global food production and what practices are needed to conserve soil in order to feed the world’s 9 billion population by 2050.

“Around 80% of the world’s agricultural land suffers moderate to severe erosion. It is estimated that 75 billion tonnes of soil are eroded worldwide each year, with about two-thirds originating from agricultural land. The economic impact of this is about $400 billion per year, or more than $70 per person per year.”

Read the article here: http://goo.gl/G10o3y

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CHINESE WINE DEMAND SET TO OUTSTRIP SUPPLY BY 2018

Wine industry researchers have announced China’s net wine imports could rise by up to 790 million litres by 2018.

Research from the University of Adelaide reported China’s wine consumption could grow by 60 per cent over the next few years.

The Red Dragon has become the fifth largest producer of wine grapes in the world but…

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Duxton’s Agri Bits and Pieces Vol. 234

QUOTE OF THE WEEK

The following quote comes from Jeremy Grantham’s contribution Are We the Stranded Asset? in GMO’s first Quarterly Letter for 2015. Jeremy’s letter focuses on what he believes to be the problems facing the world economy and that the ultimate problem we face going forward is how to feed the growing population.

In a few decades though, I expect that we in the developed world will have at least a modest sufficiency of cheap alternative energy. And we will certainly need that advantage for we will still have other potentially existential risks to deal with. The most pressing of those is likely to be the task of feeding the world’s growing population in the face of accelerating erosion, increasing water shortages, and decelerating improvements in the productivity of grains.

Read the letter here: http://goo.gl/B8RHH9

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$100m TO EASE CATTLE TRANSPORT UNDER NORTHERN AUSTRALIA BEEF ROADS FUND

Tony Abbott has announced the government’s first measure from the long-awaited Northern Australia White Paper, injecting $100 million into the region’s roads used to transport cattle.

Unveiling the Northern Australia Beef Roads Fund at the country’s…

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