Tag Archives: development
Expert: 2013 Ohio Farmland Value Projected To Increase
Cropland values in Ohio increased in 2012 and are expected to continue on an upward trend in 2013 despite the drought that devastated growers this year. December 12, 2012 Cropland values in Ohio increased in 2012 and are expected to continue on an upward trend in 2013, despite the drought that devastated growers this year, an Ohio State University Extension expert said. Ohio cropland value rose 13.6% this year, with bare cropland averaging $5,000 an acre, said Barry Ward, production business management leader for OSU Extension. Ward, citing statistics from the Ohio Agriculture Statistics Service, expects the trend to continue next year, with “projected budgets for Ohio’s primary crops for 2013 showing the potential for strong profits.” This is true, he said, in spite of the drought of 2012, which devastated growers and producers across the country, particularly in the Midwest including Ohio. “We’re expecting the potential for profitability (next year) with corn looking like it will be king again,” Ward said. “We’ll have farmers with strong balance sheets, which will drive land values as well. “With those strong balance sheets in spite of the drought, many farmers will continue to be in the land buying mode.” Ward spoke last week during Ohio State University’s College of Food, Agricultural, and Environmental Sciences kickoff of its 2013 Agricultural Policy and Outlook series. The event initiates a series of county meetings to be held statewide next year. Dates and times for the meetings will be announced at a later date. OSU Extension is the outreach arm of the college. The December 3 event featured presentations from experts from the college’s Department of Agricultural, Environmental and Development Economics (AEDE), who discussed issues the food and agricultural community should expect in 2013, including information on policy changes, key issues and market behavior with respect to farm, food and energy resources, and the environment. Because of the moderate to severe drought conditions many growers experienced, profit margins were highly variable, said Ward, who is also an AEDE assistant extension professor. But crop insurance proceeds will alleviate some of the revenue shortfall and financial stress due to the drought Ward said, noting that the last five year period has resulted in “some of the most profitable years in the last 50 years of crop production.” “With many dollars and buyers chasing farmland, it isn’t surprising to see land values increase substantially in 2012,” Ward said. “Crop profitability along with low interest rates have been the primary drivers in the run-up in cropland values.” Depending on land production capabilities, returns to land are projected to be $204 to $489 per acre for Ohio corn next year, he said. Returns to Land for soybeans are projected to be $102 to $295, with Returns to Land for wheat projected at $122 to $288, Ward said. The projections are based on OSU Extension Ohio Enterprise Budgets, and assume current prices of inputs and present December and September and November 2013 forward contract prices, respectively, he said. OSU Extension has a long history of developing enterprise budgets that can be used as a starting point for producers in their budgeting process. Farmers can find enterprise budgets for 2013 here . The Website is offered by Ohio State University’s AEDE. The budgets are downloadable Excel spreadsheets. Users can input their production and price levels to calculate their numbers. The budgets feature color-coded cells that allow users to plug in numbers to easily calculate bottom lines for different scenarios. Source: Ohio Ag Connection Continue reading
Africa, Let Us Help – Just Like In 1884
From the Conference of Berlin to today’s G8, ‘helping’ Africans looks suspiciously like grabbing their resources George Monbiot The Guardian , Monday 10 June 2013 20.30 BST Illustration by Daniel Pudles One of the stated purposes of the Conference of Berlin in 1884 was to save Africans from the slave trade. To discharge this grave responsibility, Europe’s powers discovered, to their undoubted distress, that they would have to extend their control and ownership of large parts of Africa. In doing so, they accidentally encountered the vast riches of that continent, which had not in any way figured in their calculations, and found themselves in astonished possession of land, gold, diamonds and ivory. They also discovered that they were able to enlist the labour of a large number of Africans, who, for humanitarian reasons, were best treated as slaves. One of the stated purposes of the G8 conference, hosted by David Cameron next week, is to save the people of Africa from starvation . To discharge this grave responsibility, the global powers have discovered, to their undoubted distress, that their corporations must extend their control and ownership of large parts of Africa. As a result, they will find themselves in astonished possession of Africa’s land, seed and markets. David Cameron’s purpose at the G8, as he put it last month, is to advance “the good of people around the world”. Or, as Rudyard Kipling expressed it during the previous scramble for Africa: “To seek another’s profit, / And work another’s gain … / Fill full the mouth of Famine / And bid the sickness cease” . Who could doubt that the best means of doing this is to cajole African countries into a new set of agreements that allow foreign companies to grab their land, patent their seeds and monopolise their food markets? The New Alliance for Food Security and Nutrition , which bears only a passing relationship to the agreements arising from the Conference of Berlin, will, according to the US agency promoting it, ” lift 50 million people out of poverty over the next 10 years through inclusive and sustained agricultural growth”. This “inclusive and sustained agricultural growth” will no longer be in the hands of the people who are meant to be lifted out of poverty. How you can have one without the other is a mystery that has yet to be decoded. But I’m sure the alliance’s corporate partners – Monsanto, Cargill, Dupont, Syngenta, Nestlé, Unilever, Itochu, Yara International and others – could produce some interesting explanations. The alliance offers African countries public and private money (the UK has pledged £395m of foreign aid) if they strike agreements with G8 countries and the private sector (in many cases multinational companies). Six countries have signed up so far . That African farming needs investment and support is indisputable. But does it need land grabbing? Yes, according to the deals these countries have signed. Mozambique, where local farmers have already been evicted from large tracts of land, is now obliged to write new laws promoting what its agreement calls “partnerships” of this kind. Ivory Coast must “facilitate access to land for smallholder farmers and private enterprises” – in practice evicting smallholder farmers for the benefit of private enterprises. Already French, Algerian, Swiss and Singaporean companies have lined up deals across 600,000 hectares or more of this country’s prime arable land. These deals, according to the development group Grain, ” will displace tens of thousands of peasant rice farmers and destroy the livelihoods of thousands of small traders”. Ethiopia, where land grabbing has been accompanied by appalling human rights abuses, must assist “agriculture investors (domestic and foreign; small, medium and larger enterprises) to … secure access to land”. And how about seed grabbing? Yes, that too is essential to the wellbeing of Africa’s people. Mozambique is now obliged to “systematically cease distribution of free and unimproved seeds”, while drawing up new laws granting intellectual property rights in seeds that will “promote private sector investment”. Similar regulations must also be approved in Ghana, Tanzania and Ivory Coast. The countries that have joined the New Alliance will have to remove any market barriers that favour their own farmers. Where farmers comprise between 50% and 90% of the population, and where their livelihoods are dependent on the non-cash economy, these policies – which make perfect sense in the air-conditioned lecture rooms of the Chicago Business School – can be lethal. Strangely missing from New Alliance agreements is any commitment on the part of G8 nations to change their own domestic policies. These could have included farm subsidies in Europe and the US, which undermine the markets for African produce; or biofuel quotas, which promote world hunger by turning food into fuel. Any constraints on the behaviour of corporate investors in Africa (such as the Committee on World Food Security’s guidelines on land tenure) remain voluntary, while the constraints on host nations become compulsory. As in 1884, powerful nations make the rules and weak ones ones abide by them: for their own good, of course. The west, as usual, is able to find leaders in Africa who have more in common with the global elite than with their own people. In some of the countries that have joined the New Alliance, there were wide-ranging consultations on land and farming, whose results have been now ignored in the agreements with the G8. The deals between African governments and private companies were facilitated by the World Economic Forum , and took place behind closed doors. But that’s what you have to do when you’re dealing with ” new-caught, sullen peoples, / Half devil and half child “, who perversely try to hang on to their own land, their own seeds and their own markets. Even though David Cameron, Barack Obama and the other G8 leaders know it isn’t good for them. • Twitter: @georgemonbiot . A fully referenced version of this article can be found at Monbiot.com [/font][/color] Continue reading
UPM Signs Joint Development Agreement with Renmatix in Biochemicals
trategic collaboration to convert lignocellulosic feedstocks into cost competitive sugars HELSINKI, June 11, 2013 /PRNewswire/ — UPM (OMX: UPM1V) and Renmatix, Inc. , have entered into a non-exclusive joint development agreement (JDA) in the area of biochemicals. Under terms of the JDA both companies will further develop Renmatix’s water-based Plantrose™ process to convert woody biomass into low-cost sugar intermediates for subsequent downstream processing into biochemicals. Offering cost-competitive bio-alternatives for select petrochemicals on an industrial scale is the long term goal of this initiative. “We are very excited about this truly collaborative endeavor. It combines UPM’s core competencies in sustainable sourcing and efficient industrial processing of wood, with Renmatix’s unique conversion technology,” noted Michael Duetsch, Director of Biochemicals, at UPM. “Access to second generation, lignocellulosic, sugars through a process that uses almost no consumables is a crucial factor in Plantrose technology’s attractiveness.” The Plantrose process employs water at very high temperatures and pressures to breakdown biomass through supercritical hydrolysis. Under such conditions water can act as both a powerful solvent and catalyst, creating rapid reactions. “We believe this pioneering approach leads to real cost advantages over conventional methods. Our growing relationship with UPM gives Renmatix an opportunity to support them expanding the Biofore story,” commented Mike Hamilton, CEO of Renmatix. “Renmatix, as a U.S. based technology provider, takes great pride in working with global companies across the emerging bio-value chains. It reinforces the demand that exists for licensing Plantrose technology as the bridge between sustainable sources of upstream biomass, and downstream manufacturing of biochemicals and fuels.” “The joint development agreement with Renmatix is another milestone in the implementation of our biochemicals strategy and UPM’s Biofore vision. The co-operation further strengthens our position as the frontrunner in the innovation-driven integration of bio and forest industries,” adds Juuso Konttinen, Vice President of UPM. UPM leads the integration of bio and forest industries into a new, sustainable and innovation-driven future. Our products are made of renewable raw materials and are recyclable. UPM consists of three Business Groups: Energy and pulp, Paper, and Engineered materials. The Group employs around 22,000 people. UPM is present in 67 countries and has production units in 17 countries. UPM’s annual sales exceed EUR 10 billion. UPM’s shares are listed on the Helsinki stock exchange. UPM – The Biofore Company – www.upm.com UPM New Businesses and Development (NBD) is an important part of UPM’s renewal and Biofore strategy. The objective of NBD is to provide added value to renewable wood raw material by developing ideas into new products and businesses. The key projects are biocomposites, biofibrils and biochemicals. Renmatix is the leading manufacturer of cellulosic sugar, an enabling feedstock for petroleum alternatives used in the global biochemical and biofuels markets. The company’s proprietary Plantrose™ process challenges conventional sugar economics by cheaply converting cellulosic biomass – from wood waste to agricultural residue – into useful, cost-effective sugars. Renmatix’s supercritical hydrolysis technology deconstructs non-food biomass an order of magnitude faster than other processes and enhances its cost advantage by using no significant consumables. Renmatix is privately held, with operations in Georgia (USA) currently capable of converting three dry tons of cellulosic biomass to Plantro® sugar per day, and a world-class technical center in Pennsylvania (USA). www.renmatix.com For further information, please contact: Michael Duetsch, Director, Biochemicals, UPM, +49.821.310.9130 (German, English) Juuso Konttinen, Vice President, New Businesses & Development, UPM, +358.40.531.7405 (Finnish, English) Duncan Cross, Director, Marketing, Renmatix, +484.751.4000 (English, French) Tim Brown, Vice President, Corporate Strategy, Renmatix, businessdevelopment@renmatix.com UPM, Corporate Communications Media Desk, +358.40.588.3284 media@upm.com www.twitter.com/UPM_News Renmatix, Media Inquiries Katie Struble, +415.977.1928 renmatix@antennagroup.com www.twitter.com/renmatix SOURCE Renmatix RELATED LINKS http://www.renmatix.com Continue reading