Investing in Industrial Agriculture in Africa, Plus More Agriculture News This Week

Photo credit: Full Wiki

Below, is a selection of recent agriculture-related news links.

AGCO Corporation, the world’s third-largest farm-equipment maker, plans to invest $100 million in Africa over the next three years to capitalize on an agricultural boom and a shift to commercial farming.

The EPA rejected a request from the governors of eight U.S. states to waive requirements for blending corn-based ethanol into gasoline due to this year’s extreme drought.

The U.S. is expected to import $10 million in corn from Brazil this year.

The U.S. grain industry says high-speed computerized traders are disrupting their markets, but grain exchanges and regulators have no quick fix for the concerns.

Global rice production is outpacing consumption for the eighth consecutive year, and it is up seven percent this year.

The agricultural media conglomerate owning “Wallace’s Farmer” and the Farm Progress show sold for $80 million. The New York company Penton Media purchased it from the Australian company, Fairfax Media Limited.

Considering that the Hispanic population in the United States grew by 43% in the last decade, surpassing 50 million and accounting for about 1 out of 6 Americans, it is no wonder that this growing demographic is also repopulating the Midwest.

Italy’s food production fell sharply this year due to a drought followed by floods.

A start-up called Climate Corporation, based in the Silicon Valley, wants to offer farmers a risk based insurance policy to help offer them protection against extreme weather events.

More than 40 percent of the world’s people live in 263 river basins that straddle international borders and people downstream don’t have an equal say in projects. Water is the most important global resource that does not have any international agreement.

This week the USDA announced more than $15.7 million in payments to 189 companies under USDA Rural Development’s Advanced Biofuel Payment Program. The program, which was established under the 2008 Farm Bill, provides payments to support the production and expansion of advanced biofuels.

Some are looking at Arundo, or Giant Reed Grass, as an energy plant solution. Others are looking at it as the next kudzu. It can grow 30 foot tall in a single season on marginal land.

An Israeli biotech firm, FuturaGene, wants to see plantations of rapidly growing genetically modified eucalyptus trees planted in developing nations around the world to be used as an energy source.

This DTN article provides an update on the New Holland Fuel Cell tractor NH2.

Contained within this NYTs article reporting on the National Research Council’s warning that climate change will cause future problems for the U.S. military is a key paragraph focusing on food. We all know what led to the Arab Spring, and this discusses the Nile River watershed with its conflicts over farmland and foreign ownership which has great potential for future international conflicts.

Potato growers in Idaho saw input costs rise 5-8 percent this year, following a double-digit jump last year. This year, the potato industry also faces low prices due to a large crop.

The pig genome information will speed along efforts to help breed healthier and meatier pigs and promote solutions for human diseases.

The price of turkey is up 5.5% in a year for this Thanksgiving meal and the WSJ shows us a four year turkey price chart.

The Rodale Institute explains to us why we might want to choose organic cranberries.

Here are nine photos of the National Poultry show in Britain.

Written and compiled by K. McDonald.

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