Arable Scotland: Alternative markets and new cash crops

Arable Scotland

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Arable Conversations: Alternative markets and new cash crops 11.30 – 12.30 on 29th June 2021

Join us at Arable Scotland on 29 June at 11.30 am for an interactive ‘Arable Conversation’ that will discuss ‘Alternative markets and new cash crops’. The session will cover the seasons market potential and the current rollercoaster grain prices. New crops being trialled in Scotland, opening new doors and opportunities for the cereals sector will also feature. Chris Leslie from AHDB, will lead the discussion and be joined by the following panellists.

To register for the webinar visit www.hopin.com/events/arable-scotland and for more information about the event visit www.arablescotland.org.uk

Robert Ramsay – Soil Essentials

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Describing himself as both an ‘eco-nerd’ and an arable farmer, Robert farms at Kinblethmont Farm near Arbroath in Angus, he is a firm believer in the need for agriculture to look beyond existing food markets and learn about new opportunities and products. He currently represents an association of ten growers, based in Angus and Aberdeenshire, who are growing hemp seeds for food with an eye to developing different markets in future years.

Hemp production is an area which he sees as having real potential as a new market for Scottish arable farmers and he will discuss his views on how we can establish a viable industry in Scotland and build scale, and where opportunities and new markets could be identified. Hemp is used to make a wide variety of commercial and industrial products, including rope, textiles, clothing, shoes, food, paper, bioplastics, insulation, biofuel, high quality animal feeds, building materials, and also health supplements and pharmaceuticals.

Industries such as the plastics industry, which have always been reliant on fossil fuels, are now looking to agriculture to provide sustainable alternatives. With other industries faced with a similar need to decarbonise their operations, agriculture has an important role to play in helping meet climate change targets. Robert will lead a discussion on how the farming industry can meet the challenge of delivering against these targets by leading the way in the sequestration of carbon into clothing, paper, buildings etc.

James Webster– AHDB Market Intelligence

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The son of a Suffolk arable farmer, James joined AHDB in 2016. As a Senior Analyst in the AHDB’s Market Intelligence team he specialises in the cereal and oilseed markets. James’ key areas of focus are domestic milling, wheat markets, global oilseeds and the wider macroeconomic impacts on the UK cereals markets. He also produces the Cereal Quality Survey and AHDB’s work on gross margin analysis.

In the webinar he will provide the latest insight into the state of play in the domestic and global grain and oilseed markets and offer a view on the decline in global grain markets and the fall in UK wheat prices.

He will also offer an update on the condition of crops and the expectations for harvest. He will look at how the market will shape up as lockdown decreases and offer some insight into alternative markets.

Julian Bell – SRUC

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Julian Bell, Senior Rural Business Consultant at SRUC, will provide an update on Scottish grain markets and discuss how the recent collapse of Scottish grain trader Alexander Inglis & Son is impacting the industry.

Julian is responsible for delivering business services to farmers, government agencies and Farming Business and provides economic analysis in agriculture, investment appraisal, benchmarking and commodity market analysis. He has many years’ experience in agricultural contract management and consultancy with Scottish, UK and international experience.

Wendy Russell – University of Aberdeen Rowett Institute

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Wendy is the Gut Health theme lead and Professor of Molecular Nutrition at the Rowett Institute. Her research focuses on developing healthy foods as part of a resilient food supply chain. This includes identifying the potential of plant-based crops, particularly in protein provision for the future and the exploitation of underutilised species to improve both nutrition and agrobiodiversity.

Wendy works closely with both Scottish and Global Food Producers, as well as the wider Food and Drink Industry to identify new opportunities and was awarded FDF ‘Scientist of the Year’ for this work.

She will discuss the role of healthy Novel Crops for Food & Drink Innovation, as well as how to contribute towards Scotland’s Climate and Biodiversity Targets.
 

AGCO reports sales increase of 43.5% compared to 2020 figures

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Written by Agriland Team from Agriland

The tractor manufacturer AGCO, which consists of brands such as Challenger, Fendt, GSI, Massey Ferguson and Valtra, reported its results for the second quarter ending June 30, 2021.

Net sales for the second quarter were approximately $2.9 billion, an increase of approximately 43.5% compared to the second quarter of 2020.

AEM

Reported net income was $3.73/share for the second quarter of 2021, and adjusted...
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