Categories
Food Security Investments

ADQ’s strategy to support the UAE’s agri-food ecosystem

Abu Dhabi’s, ADQ has agreed to acquire a 50 per cent stake to buy 50% stake in agri-food specialist Al Dahra Holding. Al Dahra is a prominent multinational leader in agribusiness, specializing in the cultivation, production and trading of animal feed and essential food commodities and end-to-end supply chain management. Serving a large customer base spanning the Government and Commercial sectors, Al Dahra has a widespread geographic footprint, with a workforce of 5,000 employees, operating in over 20 countries and catering to more than 45 markets, with a leading position in Asia and the Middle East.

“Food and agri-business is of importance to ADQ’s strategy because it is high growth and important for Abu Dhabi’s socio-economic agenda. Since 1995 when Al Dahra was founded in the UAE, it has grown into a global food and animal feed company and is a pillar of Abu Dhabi and our country’s food security mandate. Al Dahra will complement our existing efforts to extend ADQ’s reach in food production and distribution. With our investment, Al Dahra will be well positioned to further expand its reach and footprint while enabling Abu Dhabi to reach its goals of continuing to diversify its food sources and growing into a regional food hub.”

H.E. Mohammed Hassan Alsuwaidi, Chief Executive Officer of ADQ

Al Dahra owns and operates 15 state-of-the-art forage processing and baling facilities globally. The company also cultivates different types of fresh produce, including a wide range of fruits and vegetables, as well as grains with infrastructure to facilitate grains’ trading. Al Dahra operates three rice mills with capacity to supply 500,000 tons annually in India, Pakistan and the UAE.

The company also owns shares in three flour mills in Greece and Bulgaria that have the capacity to supply 500,000 tons annually. Additionally, the company has an olive oil production plant in Morocco with an annual production capacity of 10,000 tons, and dairy farms in Serbia and the UAE with 20,000 cows and a production capacity of 80 million liters of milk annually.

Read more at Al Dahra

Categories
Agriculture

Despite lockdown, producers didn’t change planting plans in USA

As compared to 2019, planted acreage in 2020 is as follows:

  • Corn Planted Acreage at 97.0 million acres Up 8 Percent
  • Soybean Acreage at 83.5 million acres Up 10 Percent
  • All Wheat Acreage at 44.7 million acres Down 1 Percent
  • All Cotton Acreage at 13.7 million acres Down Less Than 1 Percent

As compared to 2019, grain stocks on March 1, 2020 is as follows:

  • Corn Stocks totaled 7.95 billion bushels Down 8 Percent
  • Soybean Stocks totaled 2.25 billion bushels Down 17 Percent
  • All Wheat Stocks totaled 1.41 billion bushels Down 11 Percent

Read more at USDA Prospective Plantings and Grain Stocks

Categories
Uncategorized

How Satellites Can Improve Decision-Making For Agricultural Investments

USDA information about crop supply and demand estimates is fundamental to both policy-makers and agricultural investors. Nevertheless, the current situation with markets and crops is changing faster than USDA report releases, especially with the uncertainty around coronavirus pandemics. The uncertainty caused by the outbreak of the COVID-19 reinforces the need for reliable, precise, politically neutral, and promptly available data for investors.

Here’s where digital tools can come in handy.

Geospatial intelligence, supply-and-demand estimates, crop tours, experimental plots, direct contact with grain producers are among the most effective ways to gather much-needed data. Agricultural investing is entering in the ‘remote prediction’ era where the one with superior AI tools has the edge. This is where satellite technologies can close informational gaps – and do it faster than once a month.

Read more at Investing.com