Showing posts with label economy. Show all posts
Showing posts with label economy. Show all posts

October 25, 2013

25/10/13: Cargill's new horse feed mill; African rice production; The Indiana grain industry

Food and agricultural producer Cargill has opened a new 140,000-ton capacity feed manufacturing facility in Louisiana, USA. The new mill will produce feed for the pet food, aquaculture, equine, beef, poultry, dairy, and wild game industries.

The facility has 53,000 square feet of warehouse space. Its tower is 231 feet tall, with 65 bins for grain, bulk ingredients, and finished feed. There are also six large storage bins outside of the tower. Two separate extruders allow the mill to produce pet food and specialty aqua feeds at the same time.
Further information available here.

The Cameroonian capital of Yaoundé was the setting for  one of the largest gatherings of rice industry professionals, policy makers and farmer representatives at the the 3rd Africa Rice Congress, which drew to a close yesterday.

During the gathering, more than 650 delegates from 60 countries, including 35 African nations called for help from the FAO to 'stimulate national, regional and global partnerships to develop Africa's rice sector'.

Africa is expected to produce 27.2 million tonnes of rice this year, up by 2 percent over last year.
Read the full FAO article.

According to Purdue University, USA the mid-western state of Indiana has nearly 1.3 billion bushels of grain storage capacity. Estimates suggest however, that about 30 percent was unused last year.

In this video, Chris Hurt, agricultural economist, Purdue University explains how this year's crops are set to produce more business following last year's drought.
Visit the Purdue University website here.

September 11, 2013

Event: Myanmar Agribusiness Forum

Agriculture is the most important sector of Myanmar's economy. It makes up 58 percent of the GDP, 48 percent of exports and employs 70 percent of the nation's population. However, Myanmar agriculture is in need of modernisation and productivity improvement. In particular, there is great potential for large-scale cultivation of many agricultural commodities. 

Focusing on Myanmar's rice, sugar, pulses & beans, palm oil and rubber industries, Myanmar Agribusiness Forum is your one-stop shop to explore agribusiness opportunities in Myanmar.

According to reports of the Directorate of Investment and Companies Administration under the Ministry of National Planning and Economic Development, a total of 32 countries will invest over US$42,496 million in Myanmar by the end of May this year.

The Myanmar Agribusiness Forum will evaluate the trade and investment potential in key agriculture commodities and showcase upcoming projects and partnership opportunities. Particular emphasis will be placed on networking to help participants identify potential venture partners.  

Who will you meet?
With a cocktail networking function, the Forum offers a guaranteed presence of Myanmar's leading producers from rice, sugar, pulses & beans, rubber and palm oil sectors, plus association leaders and government officials. 

 There are also two value added workshops scheduled:

 - Contract farming - methods and experiences, Dr JP Verbiest, Asian Development Bank Institute
 - Due diligence for investment in Myanmar Agribusiness, Jovi Sweet, PwC Singapore

Myanmar Agribusiness Forum takes place from October 8-11, 2013 in Yangon, Myanmar, Southeast Asia.

Brown Burma
Brown Burma (Photo credit: mikecogh)
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