After a brutal shake-out that chopped hemp acreage in half in two years, the industry is focusing on hemp as a source of grain and fiber, a less profitable but possibly steadier market than cannabinoid (CBD) oil, used in food, beverages, and dietary supplements. Analysts say the unclear Continue Reading
Agribusiness
The N1.4 billion will be used to procure equipment and agricultural inputs for the National Youth Farmers’ Scheme. The Federal Executive Council (FEC) has approved the sum of N1.4 billion for the procurement of equipment and agricultural inputs for the National Youth Farmers’ Scheme.Lai Mohammed, minister of information and culture, disclosed this while briefing Continue Reading
SOKOTO State Governor, Aminu Waziri Tambuwal has revealed that the African Development Bank (AfDB) will soon facilitate the establishment of an Onion Commodity Exchange in the state.This, the governor said was part of the outcomes of a high level meeting he and some of his commissioners had with the management team of the bank last […]Continue Reading
The Central Bank of Nigeria (CBN), as part of its effort to boost food production, drive economic growth and reduce unemployment among graduates, recently introduced the Tertiary Institutions Entrepreneurship Scheme (TIES). The scheme, according to the apex bank, is designed to create a paradigm shift among undergraduates and graduates from the pursuit of white-collar jobs Continue Reading
For Nigeria to increase its wheat production and drive growth in its agricultural sector, it must ensure that farmers in major producing states have access to improved seeds and training, experts in the wheat industry have said. The experts who spoke at the second edition of its Olam Green Land Webinar Series, themed “Rethinking Wheat […]Continue Reading
Agriculture Secretary Tom Vilsack said the administration appeared “very close” to releasing a long-promised $700 million in pandemic aid to biofuel producers. The aid was announced in March as part of a remodeling of coronavirus relief programs by the incoming administration. “I think we are very close to getting that done,” Vilsack said during a […]Continue Reading
Higher input prices have XtremeAg farmers Matt Miles, Kelly Garrett, and Kevin Matthews thinking about different crop rotations and fertility plans for 2022. MATT MILES – MCGEHEE, ARKANSAS Matt Miles is a fourth-generation farmer in southeast Arkansas who grows corn, soybeans, rice, and cotton. “To be or not to be” is a famous quote from […]Continue Reading
Some analysts have expressed their concern that rising input costs such as that of fertiliser and other agrochemicals could potentially discourage farmers from planting grain crops. This was according to Wandile Sihlobo, chief economist at Agbiz, responding to the Crop Estimates Committee’s (CEC) recently released data on the number of hectares South African grain farmers Continue Reading
The Eskom 2021 Business Investment Competition (Bic), which provides an opportunity for entrepreneurs to showcase their offering, and provides a platform for them to learn from like-minded counterparts, is calling on emerging farmers and entrepreneurs in agro processing to submit their entries for this year’s competition. “The agriculture sector has great Continue Reading
Factors affecting the availability of farm land, Peoples Company’s report: trend will continue for the next 12 to 24 months. Farmland prices across the Midwest have soared 20% or more in some areas, and that will continue for at least the next year, and possibly two, according to Steve Bruere, president of Clive, Iowa-based Peoples […]Continue Reading