AGRIBUSINESS: MARKETING AGRICULTURAL PRODUCE.

Future Beef: Global Smart Commodity Group adds live cattle trading to platform

 

Global Smart Commodity Group adds live cattle trading to platform. 

I recently completed an MBA in International Agribusiness and Food Chain Management program where i presented a term paper on technological disruptions in the cattle business in Nigeria. It was an amazing surprise when i came across this article with similar lines of thought as my project. We are set to change the narrative in the cattle trading system in Nigeria, we are changing the paradigm from the farm to the store. 

Lets get into the article without giving out too much information about our project.

 Global Smart Commodity Group adds live cattle trading to platform.

 Global Smart Commodity Group, a multi-asset class commodities exchange, has announced that Salus, the commodities trading platform built on blockchain technology, will begin providing live cattle as a traded commodity. 

 Intended to speed up the commodity trading process, there will be two available types of live cattle offered on the platform: live cattle and feeder cattle. Salus will also provide producers the ability to list identifiers such as weight, sex classification, country of origin, age, breed, genetics and other environmental factors.

 Global Smart Commodity Group, a multi-asset class commodities exchange, has announced that Salus, the commodities trading platform built on blockchain technology, will begin providing live cattle as a traded commodity. Intended to speed up the commodity trading process, there will be two available types of live cattle offered on the platform: live cattle and feeder cattle. Salus will also provide producers the ability to list identifiers such as weight, sex classification, country of origin, age, breed, genetics and other environmental factors. 

"The addition of offering live cattle on Salus is a necessary transition of technology," said Bryce Everett, GSCG's Cattle SME. "People have been searching for this type of option for a while, and they have been looking for a more fair and efficient way to trade cattle. We're very excited about how the outcome will play out." 

 The goal of offering live cattle on the platform will benefit smaller processors, those beyond the big names, giving a global platform to a farmer and rancher, helping to increase profits. 

Each contract of live cattle will be equivalent to 40,000 pounds, or 40 head. Salus was created using blockchain technology. Its Growth Cycle Tracking technology provides users a real time seed-to-delivery monitoring feature which authenticates the commodities' origins and watches over the transaction in each stage of the supply chain.

#blockchain #agribusiness #farming #trading.

HOW TO BOOST AGRIBUSINESS IN NIGERIA.

 

BLOCK CHAIN TECHNOLOGY IN AGRIBUSINESS.

  

BLOCKCHAIN IN AGRICULTURE – IMPROVING AGRICULTURAL TECHNIQUES.“Ensuring Efficiency, Trust and Transparency from Farms to Groceries”.

Exploring new techniques to ensure food safety, traceability and transparency in the agribusiness space to promote profitability.

 Even though blockchain technology gained traction because of its role in the financial sector, it has a vast range of applications beyond cryptocurrencies. 

The technology is set to drastically transform many industries, including healthcare, law, real estate, banking, etc. 

 However, one little-explored industry that blockchain has the potential to revolutionize completely is agriculture. More importantly, it has a growing number of issues that we urgently need to solve. Blockchain technology can help the agriculture sector in numerous ways. 

 The Use Cases of Blockchain technology in Agriculture and Benefits of Blockchain in Agriculture.

 Uses Cases of Blockchain technology in Agriculture. 1)Crop and Food Production. 2)Food Supply Chain. 3)Controlling Weather Crisis. 4) Managing Agricultural Finance. 

       

How the agricultural industry can harvest benefits of blockchain technology.

              Blockchain Technology in Agriculture.

 Blockchain, coupled with IoT, is remodeling the food production industry. It is set to make farming a sustainable practice by using a simplified approach to optimize farming resources like: 1)water. 2)labor. 3)fertilizers. continue.

#Blockchain #Blockchain technology in agriculture #tracing #transparency

Agribusiness: the future of retail.

 This is the future: with details on a card, enter the store and leave. The advantages are enormous:1) No queues. 2) No checkout contact 3) fast.

Agribusiness: All shades of garri.

Garri-akara(cassa-akara)

At Echbee Foods, we redefine garri, we change the garri perception. Value addition, innovative products.

 

Garri puff-puff  with cabbage sauce.

 Garri puff-puff with garri spring rolls served with cabbage sauce with snails.

 more

Steps to access wealth in agribusiness.

  Agribusiness, the business of agriculture. How can you make money? how fast? and which method.

Agribusiness is broad since its an offshoot of agriculture so the first step is what do you want to do? Do you want to start from the scratch? meaning from the farm as a producer or you want to add value by joining the processing train?.

Money loves speed, so run with the speed of light. You can make money with or without your own product. You can start ranking in cash by selling other peoples product in the market making money

 The first step is know your niche. 2) Determine how you want to play.( production, processing, franchising  or distribution) 3)follow through,create the proper structure . 

 From farm to fork opportunities abound in all the value chains. Value addition is a goldmine commanding much revenue if properly done. Lets explore beef, kilishi  production. You can start production as a cottage industry or you can start by connecting with an established brand and get supplies. The export potential is huge, you will be surprised to know the demand for kilishi overseas.

 Steps.....1) kilishi 2) franchise/ distributor/ B2B. 3)Create your own structure 4) make the money.

 

5 Difficult Business Issues Where Collective Intelligence Can Play An Outstanding Role.

 

 The collective intelligence of crowds is increasingly becoming a tool for solving various issues for many companies and organizations. However, these are often very specific and secondary tasks. More positively, at least three inherent factors give collective intelligence truly enormous potential for solving the most important and complicated business issues. 

 Collective intelligence’s power sources.

 1)Diversity It is impossible to foresee in advance what kind of life or professional experience, what features of people’s thinking and mentality, will be useful in solving a particular non-standard task. Non-standard tasks are so called because there is no pre-known list of standard competencies with which they can be solved. Sometimes it seems to a company that in order to solve its issue, it needs people with the competencies of perhaps a lawyer or an architect (because this was the case with previous tasks). However, it could turn out that a veterinarian or an art critic will be able to provide a solution. The more diverse the crowd, the more chances of success through using collective crowd intelligence.

2) Resource sharing. Putting in fractions of resources to acquire a product, properties or business stocks. Starting a venture in agribusiness with zero capital, crowd cow is the model. 

3) Scaling and expansion Sometimes it is necessary to find new categories of consumers or new sales markets for the goods or services produced by a company. A crowd consisting of people of different nationalities, ages and professions will be able to deliver various options for solving this task in the best way.

Agribusiness: creating innovative products using S.C.A.M.P.E.R.

What is S.C.A.M.P.E.R? This is a creativity tool employed when brainstorming on new product ideas or improving on current products and services. S.C.A.M.P.E.R is an acronym for

 

  S. substitute: what can you change in the product or resources now? 

                       What other product or process could you use? 

                        What rules could you substitute? 

                       can the product be used somewhere else? 

                           can the product be a substitute for something else? 

 C. Combine: what will happen if you combine this product with something else? 

                         what can you combine to maximize the uses of the product? 

 A. Adapt :How to adapt or adjust product to serve another purpose.

 M.Modify : What can you add to product to change the customer experience and create more value. 

 P.Put to another use: create a new way to use product. 

 E. Eliminate:Change some aspects of products, eliminate features not customer centric. 

 R.Reverse:what will happen if you changed the process,how can you re-organize the process or product? 

 This tool is what birthed the Garri revolution. 

1) Substituted garri with corn and produced Cassava flakes. 

2) Combined garri with other ingredients to make bread, cakes and chin-chin. 

3)Adapt: fortifying yellow garri to make extraordinary products.

 4)Modify:packaging garri with peanuts,sugar and milk= Garri on the go! into handy packs for export purposes. 

5)Put to another use: garri puff-puff, garri akara.

 6) Eliminate the notion that you can only drink garri and make eba.

 7)Reverse, reorganize the garri production cycle.

Agribusiness: startup in the meat industry.

Are you considering starting your own business in the meat industry? Our new E-book can help you get started! In our guide, you will find detailed advice from experts who have already achieved success in the industry. We provide information on essential business strategies and steps for launching a successful meat business. Dont miss this essential resource for entrepreneurs.

Start a venture in the meat industry, order your copy now.

Agribusiness: KICC Meat Expo.

KICC Meat Expo: 18th – 19th Nov 2021. THEME: Safe and quality meat for nutrition and wealth creation.

Calling all players to the first edition of the Meat Expo. The event is geared towards providing players along the value chain an opportunity to showcase their work, products, learn and benchmark with others on industry best practices as well as grow their business networks. 

Businesses offering related products, equipment and technologies will also be present.

 Location: KICC, Nairobi CBD

 Time: 9:00AM – 5:00PM (EAT) 

Date: 18th – 19th November 2021 

Cost: Free Entry

Jack Ma, known as the founder of Ali Baba, and business partner David Yu visited the Netherlands this Monday for research purposes within the horticulture sector. 

The organizers of the reception, Pierre Bell and Jiayan Cai of the Flexibell Systems Group, speak of a successful visit and thank the receiving companies: World Horti Center, Growers United, Rijk Zwaan, Anthura, and Dutch Sino Business Promotions, as well as the translator Liu Mao (manager China) of Van der Knaap. 

 Jack Ma visited the company's latest automated packaging production line and asked about its daily and annual packaging volume, as well as some industry-related information. 

Jack Ma said that its vegetable outputs were amazing and mentioned that China aims to have the same logistics system in the future.

Horticulture recyclability: what are the eco-friendly alternatives?

Eco-conscious customers demand a reduction in plastics and an increase in sustainable packaging that does not damage the environment. 

After all, horticulture in itself is the preservation and beautification of the environment, so why damage it through lazy packaging? 

 There are a lot of products that are available across the industry to help you keep on top of your recycling game. Eco-friendly plant pots Plant pots can be made from a variety of materials, including wood, stone, metal, and terracotta. 

Terracotta pots are excellent because the manufacturing process does not include any harmful chemicals, and they are porous, which allows for air and water to easily move through to prevent root rot and soil disease. 

 Biodegradable and recyclable labels and tags

 A large portion of Dura-ID's horticultural stock labels has been recyclable since they started producing them, including the main two materials that they use across a large variety of sectors: polyplas and laserplas. Polyplas are horticultural stock labels for thermal printing, while laserplas are used in laser printing. 

The self-tie tags provide an easy identification procedure, even if you are wearing thick gardening #Agribusiness #Agriculture #horticulture #greenhouse #change #circularity.

Agribusiness, the most successful way to start in India in 2021?.

 

In India, agriculture employs more than 60% of the workforce and is successful despite the AIDS epidemic. India’s agriculture business has great market potential as its population grows steadily. 

 This explains why more and more people are interested in agriculture these days … it benefits the entire population, so it offers a cheap return on investment. 

In addition, there are no additional costs associated with starting this business in combination with other complementary businesses, making it a viable long-term investment. 

 For example, you can do organic farming and at the same time produce organic fertilizer on the same land.

 No additional cash is required except for the investment you need most. #Nigeria #India #America #UK #startupfunding

Beef supply chain emissions can be reduced by more than 30% by 2030.

New and emerging technologies and management practices all offer significant opportunities.Beef supply chain contributions to global GHG emissions need to go down, and they can. 

Rabobank anticipates the market will be the most effective driver of GHG emissions reduction and believes that beef supply chain emissions can be reduced by more than 30% by 2030 in major markets.

 But in order to unlock the opportunities, leadership is needed. All sectors and supply chains need to reduce emissions, and the beef supply chain is no exception. 

Beef supply chains account for about 6% of global greenhouse gas (GHG) emissions, of which about half are accounted for by the beef production stage of the supply chain. 

 New and emerging technologies and management practices – covering feed production, cattle breeding, cattle feeding, and soil and pasture management – all offer significant opportunities to reduce emissions. 

But that is not the only resource, global beef supply chain emissions can also be reduced significantly by transferring best practices from the most efficient beef supply chains to less efficient ones. The main driver will be the market. 

 #Agribusiness #Beef #Environment #Climatechange #SDGS.#foodsafety. 

  How onions in cattle feed can reduce emissions.

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.

 

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.