US – milk production makes very strong start to 2021
US milk production has made a very strong start to the year, with January milk supplies up almost 2% year on year to 8.4bn litres. US milk production is firmly back in growth mode. In 2020, US milk production grew by more than 2% to hit a record 98bn litres.
Australia – live cattle exports to fall sharply
Meat & Livestock Australia (MLA) is forecasting a sharp fall in live cattle exports in 2021 due to very tight cattle supplies in Australia and soaring beef prices. The MLA said it expects 2021 live exports from Australia to fall 9% this year to just 962,000 head – down from over 1m head last year.
SHARING OPTIONS:
US farmers are set to plant 37.2m ha of maize and 36.4m ha of soya beans in 2021.
Australia – cattle kill down sharply
Australia’s cattle kill was down a massive 36% to 544,000 head in the first seven weeks of 2021 compared with the same period last year. Data from Meat & Livestock Australia shows farmers were paid record prices equivalent to €4.44/kg for steers.
US – maize and soya plantings to rise
US farmers are set to plant 37.2m ha of maize and 36.4m ha of soya beans over the coming season, which is an increase from last year’s plantings. While 2021 crop output is set to increase, domestic demand and exports are also expected to be high.
Vanguard News
CBN disburses N1.8trn for developmentt financing
On
By Elizabeth Adegbesan
The Central Bank of Nigeria, CBN, said it disbursed N1.79 trillion for financing development in nine schemes from January to September 2020.
This is contained in the apex bank’s October 2020 Economic Report released last weekend.
Analysis of the report shows that out of the amount disbursed, N1.19 billion was deployed to 767 projects, N491.2 billion was guaranteed to 2.6 million farmers and N113.3 billion were disbursed to 17,587 beneficiaries during the period.
The nine schemes were Commercial Agriculture Credit Scheme (CACS); Anchor Borrowers’ Programme (ABP), Agricultural Credit Guarantee Scheme Fund (ACGSF), Agri-Business/Small and Medium Enterprise Investment Scheme (AGSMEIS), Real Sector Support Facility (RSSF), Power and Airline Intervention Fund (PAIF), Textile Sector Intervention Fund (TSIF), Non-oil Export Stimulation Facility (NESF) and the Health Sector Intervention Facili
HIGH cholesterol: Having high cholesterol often only becomes a problem until it is too late. Diet, lifestyle and exercise are key when it comes to lowering your levels, soya beans are one of those food types to help.
Chairman of the Forum and Governor of Niger State, Alhaji Abubakar Sani Bello, who read the Communique to journalists in Makurdi, stressed the need for national interest as guiding principle for states in the region as he expalined that the meeting focused on common challenges of the zone to include, insecurity, economic and infrastructural deficits.
“Member States in the zone to jointly appeal to the Federal Government to support the Zone in its ongoing Digital Technology project(s) and other security preventive measures so as to fight all forms of criminality.
“Member States to collaborate in the provision of security equipment and joint operations.