top ad
Home Blog Page 161

Major Agriculture Companies Partner to Use Blockchain in Grain Trading

0

The world’s four largest agriculture companies, commonly known as ABCD, have partnered to digitize international grain trading by using blockchain and artificial intelligence (AI) technologies.

ABCD, composed of Archer Daniels Midland Co., Bunge Ltd., Cargill Inc., and Louis Dreyfus Co., states that blockchain implementation could make trading more efficient and transparent, as well as reduce costs. The conglomerate aims to digitize the system that has previously relied on paper contracts, invoices, and manual payments.

According to grain industry news outlet World-Grain.com, blockchain and AI will be initially used to automate grain and oilseed post-trade execution processes, which are a highly manual and costly part of the supply chain.

In the long run, ABCD plans to integrate blockchain technology on different levels of the supply chain, including shipping, storage, and customer experience.
As cited by World-Grain.com, CEO of Louis Dreyfus Co. Ian McIntosh explained how blockchain could help develop the agriculture industry, noting the technology’s “capacity to generate efficiencies and reduce the time usually spent on manual document and data processing.”

Major food giants across the world have been testing blockchain to improve the efficiency of the supply chain. Louis Dreyfus Co., along with four other parties, conducted its first blockchain-based shipment back in January 2018, sending soybeans from America to China using the Easy Trading Connect (ETC) blockchain platform.

U.S. national milk marketing cooperative Dairy Farmers of America also piloted decentralized solutions among its farmer-members in 48 states, while major Dutch supermarket chain Albert Heijn used blockchain to track orange juice production.

As per a recent study by Reportlinker, blockchain use in agriculture and food supply chains market will be worth over $400 million in the next five years

Ad article

WiDS INDUSTRIAL ATTACHMENT TAKE OFF.

0

The past few weeks have been nothing but great and memorable experiences for the women who have dared to break the jinx in an area entirely dominated by men.

Ad article

HORTIFRESH TO ADDRESS CHALLENGES IN FRUIT AND VEGETABLE SECTOR

0

The past few years has seen a dramatic increase in vegetable and fruit consumption in Ghana. Even though this development has provoked a lot of investment in the sector, fruit and vegetable production in the country is yet to meet the consumption demands of the growing population.

Ad article

DEPLORABLE ROADS LEAD TO MASSIVE POST HARVEST LOSSES IN TOWKROM

0

Post-harvest losses have been a regular feature in Ghana’s agricultural sector. Every year, millions of agricultural produce while away due, largely, to inaccessible roads. This situation is no different to farmers at Towkrom in the Eastern Region. These farmers have to grapple with the perennial ordeal of seeing their farm produce go bad as a result bad road network.

Ad article

SKILLS DEVELOPMENT IN TRACTOR OPERATION AND MAINTENANCE AMONG WOMEN IN THE AGRICULTURAL SECTOR.

0

The first ever women training programme on tractor operation is ongoing at Adidome Farm Institute in the Volta Region. The programme was organised by the Ministry of Agriculture and it was implemented by New Partnership for Africa Development (NEPAD) through its Planning and Coordinating Agency (NPCA), under the Comprehensive Africa Agriculture Development Programme (CAADP) and funded by the German Cooperation (GIZ).

Ad article

AFRICAN DEVELOPMENT BANK PRESIDENT ADESINA CALLS FOR TECHNOLOGY TRANSFER TO FARMERS.

0

Africa should be the breadbasket of the world, has no reason spending US$ 35 billion a year importing food, Adesina tells Agriculture conference in U.S.

Ad article

PLANTING FOR FOOD AND JOBS YIELDS 707,150 METRIC TONS OF CEREALS AND LEGUMES –DR GYIELE NURAH

0

Ghana’s cereals and legumes production have increased by 707,150 metric tons following the introduction of the government’s flagship “Planting for Food and Jobs (PFJ)” programme. Dr Gyiele Nurah, Minister of State at the Ministry of Food and Agriculture (MOFA), said this at the two-day national policy summit held in Kumasi, the Ashanti Regional capital.

Ad article

COME TO OUR AID! AMEZDOFE FARMERS PLEAD TO GOVERNMENT.

0

The farmers of Amezdofe have called on the government through the ministry of Agriculture for help but to no avail. Amezdofe is a popular farming community in the Ho West district at the Volta Region. The land is very fertile and supports the cultivation of many crops including rice, tea, grapes. However, the story of this community is one of rejection and lack of support from the government. This was revealed by the community folks when a team of Agric today reporters visited the area.

Ad article

FOOD AND FARMING SECTOR MAKES POST-BREXIT DEMANDS

0

The food and farming industry wants assurances from the government that it will still be able to recruit enough staff from the EU after Brexit.
The demand came as part of a manifesto drawn up by more than 100 organisations across the industry and sent to the PM.

It urges the government to publish a white paper setting out its immigration plans “as a matter of priority”.

A government spokesperson said those in the sector would be able to recruit EU citizens until December 2020.

Those in the farming industry have previously raised concerns about the impact of leaving the European Union on agricultural labour, which is often short-term, flexible and seasonal.
Environment Secretary Michael Gove said earlier this year that the case for a seasonal agricultural workers scheme after the UK leaves the EU in 2019 was “compelling.”
The Food Supply Chain manifesto was sent to Prime Minister Theresa May by the National Farmers’ Union president Minette Batters.

It said the “significant number” of EU nationals the sector employed meant it was vital the government “ensures a continuing, adequate supply of permanent and seasonal labour” before and after the UK leaves the EU in March 2019.

The document said that recruitment difficulties from within the UK meant the government needed to guarantee that “in the short- to medium-term, the industry has access to the overseas labour market to help meet its recruitment needs”.

The other main issues raised in the manifesto, drawn up by organisations representing farmers and their suppliers as well as manufacturers and retailers, were:
• Maintaining “frictionless” trade with the EU
• Developing an agriculture policy which promotes food production while maintaining existing high standards
 Ensuring an “efficient and proportionate” regulatory system
NFU president Ms Batters said a Brexit that failed to champion UK food producers “will be bad for the country’s landscape, the economy and, critically, our society”.
She added: “The signatories to this manifesto will be looking to government to ensure its objectives are aligned with ours, to ensure British food production – something of which every person in this country enjoys the benefits – gets the best possible deal post-Brexit.”
In response to the manifesto, a government spokesperson said: “We have been clear that up until December 2020, employers in the agricultural and food processing sectors will be free to recruit EU citizens to fill vacancies and those arriving to work will be able to stay in the UK afterwards.

“We are determined to get the best deal for the UK in our EU negotiations, not least for our world-leading food and farming industry which is a key part of our economic success.”

Source: BBC

Ad article

“WE NEED PLANTING FOR FOOD AND JOBS” AMEZDOFE ELDERS CRY OUT.

0

The Elders of Amezdofe have called on the government to introduce its policy of Planting for Food and Jobs to the youth in the community to help reduce youth unemployment in the community. The Elders cried out when a team of Agric today reporters visited the community.

Ad article