Duxton’s Agri Bits and Pieces – Vol. 411
Posted on: February 1st, 2019

 

QUOTE OF THE WEEK

This week’s quote addresses the ripple effects that farming octopus may have on sustainability and animal welfare.

 “Universities and companies are investing time and money into farming octopus, which we believe is a big mistake. Mass producing octopus would repeat many of the same mistakes we made on land in terms of high environmental and animal welfare impacts, and be in some ways worse because we have to feed octopus other animals.”

 

Interestingly, octopus farming would produce high levels of nitrogen and phosphorus pollution from uneaten feed and faeces, which contributes to oxygen depletion. Additionally, research has shown that octopus have considerable cognitive and behavioural complexity, making farming in enclosed environments incompatible with their make-up. As a result, high mortality rates, increased aggression and parasitic infection would be pronounced.

 

-Jennifer Jacquet, assistant professor at New York University’s Department of Environmental Studies

 

 

 

Rice plants engineered to be better at photosynthesis make more rice

A new bioengineering approach for boosting photosynthesis in rice could boost grain yield up to 27%.

“Food shortage related to world population growth will be a serious problem our planet will have to face. Our study could have a major impact on this problem by significantly increasing rice yield, especially for areas with bright light. Our engineered plants could be deployed in fields at a larger scale after further evaluations by independent researchers and government agencies,” says senior study author Xin-Xiang Peng of South China Agricultural University in Guangzhou, China.

The approach, called GOC bypass, enriches plant cells with CO2 that would otherwise be lost through a metabolic process called photorespiration. The genetically engineered plants were greener and larger and showed increased photosynthetic efficiency and productivity under field conditions, with particular advantages in bright light.

Source: Xin-Xiang Peng, ScienceDaily, January 10 2018, 

 

 

 

 

Heat makes for good season for dried fruit growers

High costs are being offset by good prices for growers, who are expected to start cutting in the coming weeks.

Dried fruits are expected to pay around $2200 per tonne or above, which is a positive increase from $1980 per tonne from last year.

Dried Fruits Australia’s chairman, Mark King, believes it is shaping up to be a good season for most growers despite high temperatures and an increase of water prices.

Source: 2GB, January 29 2019, 

 

 

 

 

 

 

 

CHART OF THE WEEK
The export value of Australian nuts increased in 2018 largely due to higher prices. The value of nut exports was expected to end 2018 around $813.5 million, which is 10% higher than 2017.

 

Source: Rural Bank Ag Answers, 2018,

 

JOKE OF THE WEEK

 

What is a bee’s favourite band?

The Bee gees!

 

 

DISCLAIMER

This newsletter has been prepared by Duxton for circulation to its clients, who are accredited or institutional investors as defined in the Securities and Futures Act, Chapter 289 of Singapore and the Securities and Futures (Prescribed Specific Classes of Investors) Regulations (”Permitted Investors”), and is not intended for use by retail investors. The fund management industry in Singapore is regulated by the Monetary Authority of Singapore (”MAS”), and no person can act as a fund manager unless they are the holder of a capital markets services licence for fund management or are operating as a registered fund management company. Duxton Asset Management Pte Ltd holds a Capital Markets Services Licence to conduct the regulated activity of fund management for accredited and/or institutional investors.

This newsletter is for distribution only under such circumstances as may be permitted by applicable law. Nothing in this newsletter constitutes financial, investment, tax, legal or any other form of advice, recommendation or a representation that any investment strategy or recommendation contained herein is suitable or appropriate to a recipient’s individual circumstances, or otherwise constitutes a personal recommendation. In particular, nothing in this newsletter is intended to constitute financial advice under the Financial Advisers Act, Chapter 110 of Singapore. Duxton, its employees or its affiliates may from time to time hold, either directly or through the portfolios that it manages, an interest in some or all of the stocks or companies discussed in this newsletter. Where stock or company names are mentioned, it should not be construed that these are recommendations to buy or sell those stocks or companies. If you require investment advice please contact a regulated financial adviser.

This newsletter is published solely for general information purposes, does not constitute an advertisement and is not to be construed as a solicitation or an offer to buy or sell any securities or related financial instruments in any jurisdiction. No representation or warranty, either expressed or implied, is provided in relation to the accuracy, completeness or reliability of the information contained herein, nor is it intended to be a complete statement or summary of the markets or developments referred to in the newsletter.

This newsletter is not the basis for any contract to deal in any security or instrument, or for Duxton or their affiliates to enter into or arrange any type of transaction as a consequence of any information contained. Information from this newsletter must not be issued in any jurisdiction where prohibited by law and must not be used in any way that would be contrary to local law or regulation. Specifically, this newsletter is not directed at US persons.

To the fullest extent permitted by law, neither Duxton nor any of its affiliates, nor any of Duxton’s or any of its affiliates’ directors, employees or agents, accepts any liability for any loss or damage arising out of the use of all or any part of this newsletter.

Duxton specifically prohibits the redistribution of this material in whole or in part without the written permission of Duxton and Duxton accepts no liability whatsoever for the actions of third parties in this respect.

All third party data (such as Bloomberg) are copyrighted by and proprietary to the provider.