Global Food Prices Set To Soar As The Oil And Gas Crunch Continues.

 

Oil and gas prices have risen dramatically this year as a result of under investment and recovering demand.·Higher fuel prices are weighing on global food supply chains, with transportation and farming costs continuing to climb. · 

 The hardest hit will, once again, be those living in developing economies that are still struggling to recover from the impact of the pandemic. 

 The potential for a knock-on effect of rising fuel prices to be felt by other industries is becoming more likely, as oil and gas prices continue to rise to an all-time high, companies are finding it hard to maintain their costs and may have to shift this burden to the consumer any day now. 

  #Entrepreneur #Agribusiness #Businessideas #startups #Money market. #Women.

UNIDO Trains 42, 000 Nigerian Entrepreneurs In Six Years.

 

The United Nations Indus trial Organisation (UNIDO), says it has trained 42,000 Nigerian entrepreneurs from 2016 till date. 

 The National Project Coordinator UNIDO HP LIFE, Mr Francis Ukoh, disclosed to newsmen at a five-day training programme for SMEDAN officials in Uyo, recently. 

 Ukoh said the organisation had so far empowered about 418 trainers and 10 master trainers in Nigeria to support the training for Small and Medium Enterprises (SMEs) in the country. 

 According to him, the core function of UNIDO is mainly to strengthen and empower institutions of government. 

 To this end, he said that UNIDO had supported various institutions including universities and SMEs across the country. #Agribusiness #foodsecurity #entrepreneurs. #SMEDAN

 

Agribusiness: how to eat meat without harming animals.

What if you could eat chicken nuggets without harming a chicken? It's possible through "cellular agriculture," says Isha Datar. In a talk about cutting-edge science, she explains how this new means of food production makes it possible to eat meat without the negative consequences of industrial farming, and how it could fundamentally change our food systems for the better. "It's our once-in-a-lifetime opportunity to get a second chance at agriculture," she says.

    

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Agribusiness : How to calculate dressing percentage in slaughtered cattle.

 Cattle business is no doubt profitable  but you can actually calculate the profit if you track the numbers, yes! do the math.

  Cattle business can be broadly divided into:1) sale of live animals. 2) buy the animal, fatten and sell. 3) buy, slaughter and sell. 

 How do you calculate the meat to expect from the carcass ? many people believe that the live weight of the animal is what to expect when animal is slaughtered. A lot of people  are often surprised at quantity of meat after processing because dressing percentage is different from live weight.

  The concept of dressing percentage is key to profit calculation in cattle business, this is the math critical to business evaluation.

  What is dressing percentage and how do you do the math?  The dressing percentage is the portion of the live weight that results in hot carcass weight.

 What is the hot carcass weight? this is the weight of the unchilled carcass after the head,internal organs and hides have been removed. The hot carcass weight for cattle is approximately about  60-64% of the live animal weight. The hot carcass weight can vary from one animal to another depending on some factors.

 The dressing percentage =  hot carcass weight / live weight X 100.

 If an animal weighs 300 kg, working with 62.5% as hot carcass weight means the dressing percentage will be: 187.5 /300 X 100=  62.5. 

The dressing percentage used in the meat industry  does not equate to amount of beef that will be available for sale because the carcass will be divided into various meat cuts.

 The whole animal is cut into halves and separated into front and hind quarters. These quarters are separated into primal cuts ,this is referred to as breaking down the  carcass. The  amount of beef available can be affected by amount of fat in carcass which will be trimmed off or the size /weight of bone because bone can weigh more. 

The more bone is left in the  beef cut the higher the yield percentage but when retail cuts are boneless then the percentage yield will be lower.

   This calculation is a template to determine profit whether you are supplying beef using different cuts or you are selling retail.

 

Food safety: Global call to reduce antimicrobial use in healthy animals.

World leaders have called for an urgent reduction in the amount of antimicrobial drugs, including antibiotics, used in food systems.

The Global Leaders Group on Antimicrobial Resistance said countries must stop the use of medically important antimicrobial drugs to promote growth in healthy animals.

  Antimicrobial drugs are also given to animals for veterinary purposes to treat and prevent disease.

Mitigation measures
A top priority is to reduce the use of drugs that are of the greatest importance to treat diseases in humans, animals and plants.

Antimicrobial resistance (AMR) in bacteria can make foodborne infections such as Campylobacter and Salmonella harder to treat. Experts said climate change may also be contributing to an increase in AMR.

Consumers can also play a key role by choosing food from producers that use antimicrobial drugs responsibly, according to experts Tedros Adhanom Ghebreyesus, World Health Organization director-general, said the consequences of antimicrobial resistance could dwarf those of COVID-19.

“We need urgent action to win the race against AMR. The longer the world delays, the greater the costs will be, in terms of costs to health systems, costs to food systems, costs to economies, and costs in lives and livelihoods,” he said.

“We need to invest in human health, animal health, plant, food and environmental eco-systems to properly respond to the growing threat of AMR. Many countries have national action plans on AMR but too few are funded for implementation.

Agribusiness: celebrating world food day by charting innovative paths to increase productivity.

 

Celebrating world food day by creating innovative agricultural solutions to end poverty, tackle malnutrition and save our planet.

The exponential population growth to 9.7 billion by 2050 means all hands must be on deck to  rise to the challenge. There must be inclusion of innovative ideas in the way farming, processing and marketing of farm produce is done now to ensure increase productivity.

The use of design thinking comes into play here to chart the path to  productivity using smart agricultural constructs.

Robotics has been incorporated to livestock and general farming to increase productivity and also increase revenue by preventing losses. Africa needs to embrace more of technology-based agriculture to produce more and ensure food security. 

 Agricultural solutions are basically centered around :1) increased productivity which can be achieved by improved seeds, improved animal breeds, new farm practices,education of farmers, adoption of climate smart agriculture .

 2) Leveraging technology to provide data to farmers to improve productivity like Zenvus .The use of robots to enhance productivity such as use of

  3) Curbing food waste this can be by provision of cold hubs for farmers, provision of processing hubs to convert excess products or left overs to a new product with longer shelf-life.

4) Funding for farmers which can be in form of loans or private partnership in form of investment platforms.

5)Access to market: creating linkages for farmers to sell produce at  reasonable prices. The creation of new markets to improve productivity by adoption of circular economy in all agricultural value chains.

  Circular economy not only curbs wastes but closes loops in production cycles.

  6)  Adoption of clean energy to drive innovations in agriculture to reduce cost of production while saving the planet by reducing emissions.