Agriculture is the key
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OECD-FAO Agricultural Outlook: Emerging Economies Will Continue Driving Agricultural Markets. The OECD-FAO Agricultural Outlook 2024-2033 paints a vivid picture of the evolving agricultural landscape, with a spotlight on the rising prominence of India, Southeast Asia, and Sub-Saharan Africa in driving agricultural market developments. As we navigate through regional shifts and changing consumption patterns, it becomes imperative to address productivity gaps in low- and middle-income countries to bolster domestic production and uplift farmers' livelihoods. Stay informed about the trends reshaping the future of agriculture and the actionable strategies recommended in the latest report. Read the full article here: https://bit.ly/3SynVaO #FlavorWiki #FutureOfAgriculture #RegionalShifts #ProductivityStrategies #AgriculturalOutlook
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Access to modern technologies and the most lucrative markets, along with diversification towards high-value agriculture in line with emerging consumption patterns, can help augment farmers’ incomes substantially and sustainably. https://lnkd.in/gwsU_Rm5
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The Sectors of Economies. The Services sector dominates the economies across the world! #Manufacturing #Services #Agriculture #WorldEconomy #economy #globaleconomy
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(OECD-FAO Agricultural Outlook 2024-2033 has been published) The #OECD-#FAO #Agricultural #Outlook 2024-2033 provides a consensus assessment of the ten-year prospects for #agricultural commodity and #fish markets. This Outlook edition reveals important trends. #Emerging #economies will be pivotal in shaping the global agricultural landscape, with India expected to overtake China as the leading player. Yet #calorie #intake growth in low-income countries is projected to be only 4%. Agriculture's global #greenhouse #gas intensity is projected to decline, although direct emissions from agriculture will likely increase by 5%. If #food #loss and #waste could be halved, however, this would have the potential to reduce both global agricultural GHG emissions by 4% and the number of undernourished people by 153 million by 2030. Well-functioning international #agricultural #commodity markets will remain vital for global food security and rural livelihoods. Expected developments should keep real international reference prices on a slightly declining trend over the next ten years, although environmental, social, geopolitical, and economic factors could significantly alter these projections. Curious to know more? Check: www.agri-outlook.org
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Navigating Agricultural Markets in 2024: A Strategic Outlook As we progress through 2024, the agricultural sector faces a multifaceted landscape shaped by economic shifts, environmental challenges, and global political dynamics. While net farm income in the U.S. has softened after several years of record highs, the sector remains resilient, highlighting the need for strategic risk management as commodity prices stabilize. Weather patterns continue to play a critical role, with mixed outcomes across the U.S.—drought in some regions and favorable conditions in others—affecting crop yields and influencing global markets. Meanwhile, South Africa’s agricultural prospects are buoyed by positive planting predictions, though political and economic uncertainties introduce significant volatility. On the political front, regulatory changes in the U.S. focused on farmworker protections reflect a growing emphasis on sustainability and safety, despite facing opposition. Similarly, South Africa’s ongoing efforts to stabilize its economy and address political challenges are crucial for the sector’s growth. As we navigate these complexities, staying informed and adopting a proactive, strategic approach will be key to capitalizing on opportunities and mitigating risks in this dynamic market environment. #Agriculture #MarketTrends #RiskManagement #GlobalTrade #Sustainability #EconomicOutlook
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Global agricultural productivity growth has dropped sharply from 1.9% to just 0.7% annually, struggling to keep up with rising demand, a new report reveals. READ FULL ARTICLE at https://lnkd.in/ea88Jj3d #AgInnovation
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🌱 Navigating the Future: 9 Trends Shaping Canadian Agriculture in 2025 🚜 BMO published a special report in December highlighting nine key economic and market trends that are having an outsized impact on Canadian agricultural producers.🌾 1️⃣ Global Stability drives demand 📈 but watch out for trade tensions. 2️⃣ Crop Surpluses mean low prices; rising livestock prices offer an upside. 🐄 3️⃣ A weaker CAD (US$0.71) boosts exports but raises input costs. 💵 4️⃣ Input Costs remain high—tech adoption is key to savings. 🤖 5️⃣ Lower Interest Rates bring relief for debt-heavy farms. 💡 6️⃣ Labour Gains through immigration stabilize workforces. 👩🌾👨🌾 7️⃣ Trade Uncertainty means agility is critical. 🌍 8️⃣ Climate Challenges demand sustainable practices 🌦️—innovation is the future! 🌿 9️⃣ Productivity Gains keep Canadian farmers leading the pack. 🚀 Canadian farmers must stay adaptable, informed, and innovative. Let's grow together! 💪🌎#CanadianAgriculture #Sustainability #FarmInnovation 🌾 💡 What’s your take? Do you agree or disagree with any of these trends for 2025? ⬇️
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The economy grew by 5.9 percent last year, noting that the series of typhoons that hit the country could have weighed again on agricultural production or output. https://lnkd.in/gqnivQxQ
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iNDIAS ECONOMIC SECTORS ARE AGRICULTURE 18.8%,INDUSTRY 28.2% AND SERVICE 53.0% AND THE 4TH LARGEST ECONOMY IN THE WORLD
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