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AFEX's 5 year Impact Report launched, indicates positive change in over 159, 000 farmers


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Home » Agric » AFEX’s 5 year Impact Report launched, indicates positive change in over 159, 000 farmers
AFEX’s 5 year Impact Report launched, indicates positive change in over 159, 000 farmers
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By Gabriel Ewepu – Abuja
One of the leading commodities exchange companies, AFEX Commodities Exchange Limited, Tuesday, launched a 5-year Impact Report, indicating positive change in the lives of over 159, 000 farmers.
This was made known during the launch held virtually via Zoom, where the Chief Executive Officer, AFEX Commodities Exchange Limited, Ayodeji Balogun, explained how the journey started, where it is, and the future, with passion to reach out to about 1 million farmers as target. ....

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Agricultural Biotechnology Market Revenue Worth $106,870 Million by 2030, says P&S Intelligence


Agricultural Biotechnology Market Revenue Worth $106,870 Million by 2030, says P&S Intelligence
NEW YORK, April 29, 2021 /PRNewswire/ From 7.7 billion in 2019, the global population will reach 11.2 billion by 2100, according to the United Nations (UN). This is to be a key factor in the growth of the global agricultural biotechnology market revenue from $39,565.6 million in 2020 to $106,870.0 million by 2030, at a 10.7% CAGR between 2021 and 2030. This will be due to the burgeoning demand for food, which has already been putting immense pressure on the agrarian community for centuries.
In addition, with the expansion of human settlements, the availability of farmlands is reducing, which is why farmers are under intense pressure to make the most of what they have. This is fueling the agricultural biotechnology market advance by leading to the rising adoption of enhanced technologies for crop cultivation. Moreover, the rising disposable income of people is allowing them to ....

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Land O'Lakes, Inc. delivers strong results for first quarter 2021


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ARDEN HILLS, Minn., April 29, 2021 /PRNewswire/  Land O Lakes, Inc. today reported net sales of $3.9 billion and net earnings of $136 million for the first quarter ending March 31, 2021, compared to net sales of $3.8 billion and net earnings of $37 million in 2020. Each business unit delivered strong results and increased net earnings compared to the prior year.
The operating environment and fundamentals are strong in each business segment, said Beth Ford, president and CEO of Land O Lakes, Inc. The Ag sector is bolstered with our agronomic leadership in Winfield United, rising grain prices, and farmers investing in their crops in preparation for spring planting, and is well-positioned to take advantage of the most favorable market environment since 2014. As businesses continue to re-open in 2021, the marketplace for Dairy Foods Foodservice is rebounding rapidly. Animal Nutrition has also seen continued growth in the lifestyl ....

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