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AgroBusiness Times

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Northern Nigeria Flour Sets for Corn Farming

The non-availability of wheat, sorghum and maize for flour milling has spurred, the Northern Nigeria Flour Mills Plc., to deal with the situation by engaging in corn production. This was disclosed by the Managing Director of the company, Mr. Gert Kriek, during its 44th Annual General Meeting, who said the move would go a long […]

Why Gabon Is Succeeding In Diversifying From Oil

And how the private sector can help lead agricultural mechanization Source: graine-gabon.com As the prestigious news magazine The Economist mentioned this year, Gabon is reinventing itself from being almost totally dependent on oil exports, to a healthy diversified economy, that is not so exposed to the volatility of one sector alone, with the recent collapse […]

Canada To Spend N6bn On Bauchi’s Health, Agric Sectors

The Canadian High Commissioner to Nigeria has revealed that Canadian Government  is set to spend N6 billion to improve the   Health and Agricultural sectors of Bauchi state. The High Commissioner who was represented  by Head of Development Cooperation Global Affairs Canada Miss Linda Elrichs during an official launch of the Livelihood and Nutrition Empowerment […]

Integrated Fish Farming Business Venture

Integrated fish farming is a system of producing fish in combination with other agricultural/livestock farming operations centered on the fish pond. The farming sub-systems e.g. fish, crop and livestock are linked to each other in such a way that the by products/wastes from one sub-system become the valuable inputs to another sub-system and thus ensures […]

World Bank Partners Ogun on Agriculture, Rural Development

The World Bank has indicated its interest to partner with the Ogun State Government on rural development and improved agricultural production in the State. The Country Director of the World Bank, Rachid Bemessaoud, made this known yesterday when he paid a courtesy visit to the State Governor, Senator Ibikunle Amosun, in his Oke-mosan, Abeokuta office. […]

Edo Farmers Get N2bn CBN Loan

Farmers in Edo State to benefit from the Central Bank of Nigeria, CBN’s 2 billion loan under the Anchour Borrower’s Programme. The loan was one of the CBN’s policy initiatives to pursue the creation of jobs, reduction in food imports as well as the diversification of the Nation’s economy. Governor Oshiomhole, who spoke during the […]

FAO Urges Strong Implementation Of Global Anti-rogue Fishing Treaty

The Director-General of the food and Agricultural Organisation (FAO) José Graziano da Silva  has said the recent entry into force of a ground-breaking international accord on illegal fishing is a welcome development which requires effective implementation. Addressing the “Our Ocean Conference” in the United States capital, Graziano da Silva praised the signatories of the FAO-brokered […]

FG To Collaborate With Farmers To Earn Foreign Exchange – Lokpobiri

The Minister of State for Agriculture and Rural Development, Senator Heineken Lokpobiri has said the federal government is determined to collaborate with farmers in Bayelsa State in a bid to boosting Nigerian’s foreign exchange earnings. He said the collaboration will also empower the private sector and youths for job placement and wealth creation. Lokpobiri said […]

NIRSAL Facilitates Improvement in Bank Lending to Agriculture

The Nigerian Incentive Based Risk Sharing for Agricultural Lending (NIRSAL) said it has been hailed for its central role in enabling a significant increase in lending to agriculture by the financial sector within the last four years. NIRSAL said it earned the commendation at the recently concluded 2016 African Green Revolution Forum (AGRF) in Nairobi […]

Sanusi Urges Federal, State Governments to Boost Agriculture

The Emir of Kano, Alhaji Muhammad Sanusi II, monday urged local, state and federal governments to focus on agriculture so as to boost food production in the country. Emir of Kano, Alhaji Muhammad Sanusi II According to him, there is also the need for the federal government to construct additional dams across the country to […]

U.S. Corn, Soybean Harvests Fall Below Averages

On Monday, the USDA indicated that the U.S. corn and soybean harvests are running below their average paces. In its weekly Crop Progress Report, the USDA pegged the corn harvest as 9% complete vs. the 12% five-year average. The soybean harvest is 4% complete compared with a 5% five-year average for this time of the […]

China’s Soybean Import Growth To Slow In 2016/17

A jump in domestic soy output and plentiful state stocks will slow the growth in Chinese demand for the oilseed in 2016/17, said an official Chinese think-tank on Monday, just as the U.S. harvests a record crop. China is the world’s top buyer of soybeans, typically importing about two thirds of the globally traded volume. […]

Farmers Need To Demand Better Broadband

As Nelson Schneider moves into a greater leadership role in his family’s farm, a fast, reliable internet connection for effectively managing the business is a necessity.  In 2008, the Ceresco, Nebraska, farm subscribed to Windstream’s DSL (high bandwidth over ordinary copper telephone lines) as a residential customer for about $70 per month. The service was […]

Soybeans Help Corn And Wheat Higher Monday

Harvest delays underpin markets. On Monday, the CME Group’s soybean market closed higher, carrying corn and wheat up, too. In spite of a USDA report of fresh demand, corn falls. At the close, the December corn futures settled ¼¢ higher at $3.37¼, and March futures settled ¼¢ higher at $3.47½ per bushel. November soybean futures […]

Katsina Govt Set To Revive Cotton, Rice Production

The Katsina State government has announced its determination to revive cotton and rice production, as part of its diversification plans.  Aminu Bello Masari According to Governor Aminu Bello Masari, the state would concentrate on the value-chain in cotton and rice production, insisting that what made cotton farmers abandon their farms for other businesses would be […]