Duxton’s Agri Bits and Pieces – Vol. 373

QUOTE OF THE WEEK

The quote for this week is taken from a report published by the University of California (cited in the Australian Financial Review), the research paper’s lead author Tapan Pathak said the following:

“The agricultural community recognises the changes we are experiencing and impacts we may face. It is important to engage agricultural stakeholders in climate adaptation discussions, understanding their needs, what they may already be doing to adapt, and any barriers to climate change adaptations.”

The paper focuses on California but the underlying thesis is that there is an ongoing need for scientists and agriculturalists to collaborate if meaningful solutions and progress is to be made for current and future challenges.

RAISIN SHORTAGE LEADS TO PRICE RISE

Britain – the world’s biggest importer of dried fruit – has seen the price of raisins and sultanas rise by 42% since September, leading suppliers have said. They blame falling numbers of raisins in California for pushing up prices.

Jara Zicha, a market analyst in the…

Read More

Duxton’s Agri Bits and Pieces – Vol. 372

QUOTE OF THE WEEK

The quote for this week is taken from The Bloomberg Commodity Outlook – March 2018, when looking at sector performance the report stated the following:

“Agriculture, the major sector left behind in the two-year commodity recovery, is finally catching up. It’s still prone to similar rally failures of the past five years, though we find differences this time. The potential paradigm shift in U.S. grain production favoring soybeans and allocating more corn to ethanol production than animal feed has established a longer-term price bottom. Representing the majority of agriculture, the grains (led by soybean meal and wheat) top 2018 commodity returns through February.”

AUSTRALIAN BLOCKCHAIN START-UP SECURES INVESTMENT

“Square Peg Capital has invested in Australian blockchain start-up, AgriDigital, in a $5.5 million Series A funding round it said would help expansion plans into North America.

In the global grain industry, provenance and traceability has proved problematic but blockchain can be used to establish a fact at a given point in time by storing a digitised representation of a…

Read More

Duxton’s Agri Bits and Pieces – Vol. 371

QUOTE OF THE WEEK

The quote for this week is taken from a Bloomberg article by Jason Gail (22 February 2017) in which he looks at recent trends and developments in the global dairy industry:

“Demand for butter, cream and other commodities rich in butterfat has increased after consumer perceptions were swayed by studies indicating lower health risks from consuming dairy-fat and the detrimental effects of alternative trans fats, the U.S. Department of Agriculture said in a Feb. 14 report. That’s underpinning prices, which reached a record last September amid shortages in Europe.”

INTERNET OF THINGS PROJECT USING SATELLITES TO MONITOR RAINFALL AND OPTIMISE IRRIGATION

“Adelaide-based Fleet Space Technologies has scored a grant from the Dutch Government for an agricultural IoT project that, in collaboration with two Dutch companies, will monitor rainfall and optimise irrigation.

Fleet Space, which is planning a global network of nanosatellites for IoT applications, will contribute its technology as part of the Digital Rain IoT Platform via satellite (DRIPs) system. Other partners in…

Read More