By: Sarina Zhou and Jamie Dalton, senior and sophomore in Supply Chain Management, University of Illinois at Urbana-Champaign The following post was written by students on an ADM Institute-sponsored observation study tour through India – March 23, 2015. During the second and third days of our trip, we visited two types of markets where the atmospheres […]
A Tale of Two Markets: Insights about the Different Ways Products Reach Consumers in India
Marandagahamula Grain Storage Complex Opened
The government of Sri Lanka opened a grain storage and trading complex at one of the country’s leading wholesale paddy markets where 60,000 tons of grains can be stored. The complex is part of a government plan for increased food security and economic development in the country’s agricultural sector. http://www.news.lk/news/sri-lanka/6845-marandagahamula-grain-storage-complex-opened
Smallholder Farmers’ Highway to Food Markets
A July 2013 FAO report, “Smallholder Integration in Changing Markets”, emphasizes the heterogeneity of subsistence farmers, concluding there is no one-size-fits-all approach. It also emphasizes the reluctance of farmers to increase production when proper postharvest facilities and infrastructure are non-existent. http://www.rural21.com//nc/english/news/detail/article/smallholder-farmers-highway-to-food-markets-0000806/
Agriculture Needs Technological Solutions
A former Kenyan government official remarks on Rwanda’s progress in leveraging technology to improve agricultural productivity. The introduction of the East African Commodities Exchange (EAX) allows farmers access to trade and financing through use of electronic warehousing receipts. Farmers have greater access to markets, and postharvest losses are reported to have decreased by 5%. http://www.businessdailyafrica.com/Opinion+and+Analysis/Agriculture+needs+technological+solutions/-/539548/1971484/-/a7ohef/-/index.html
Tanzania: Commodity Exchange Market to Help Farmers
The government seeks to establish a commodity exchange market to bring buyers and sellers together in a central location, citing many benefits for smallholder farmers, including the reduction of postharvest losses. Officials hope to have the framework for the exchange market ready in one year. http://allafrica.com/stories/201307020143.html?page=2
Food Security Takes Center Stage during President’s Last Day in Senegal
President Obama’s visit to Senegal highlighted the country’s recent announcement of its intent to join the New Alliance for Global Food Security and Nutrition. In joining, 10 private sector companies, of which 9 are Senegalese, will invest over $134.4 million to help provide new market opportunities for smallholder farmers through enhanced production and processing activities. […]
Tackling Poverty with Social Enterprise
Social enterprise efforts are positively impacting rural poverty in Africa by connecting farmers to markets. Organizations focusing on specific supply chain development activities promote economic growth and food security for farmers. http://www.theguardian.com/social-enterprise-network/2013/mar/15/tackling-poverty-social-enterprise
Waste Less to Feed More
Senior-level government officials emphasized the need to reduce postharvest loss to achieve global food security, environmental sustainability, and economic vitality. The Department of State hosted a forum dedicated to finding cross-sector solutions to postharvest loss. Assistant Secretary of the Economics and Business Affairs Bureau said in his opening remarks that there is “no silver bullet […]
Parliement Approves 19.1 Million Loan to Ensure Food Security
Ghana approved a US $19.1 million loan to alleviate poverty by increasing agricultural productivity and ensuring food security in farming communities. The Integrated Rural Development Project (IRDP) will focus on enhancing farming practices as well as marketing and distribution chains. http://vibeghana.com/2012/12/19/parliement-approves-19-1-million-loan-to-ensure-food-security/?mkt_tok=3RkMMJWWfF9wsRouu6nOZKXonjHpfsX86%2BwrXqO1lMI%2F0ER3fOvrPUfGjI4FSsprI%2FqLAzICFpZo2FFcH%2FaQZA%3D%3D
U.S Contributes $7.9 mn to UN’s Food Program
USAID contributed US$7.9 million to the UN World Food Program towards projects that are working to improve agriculture and market access for smallholder farmers in Uganda. Activities include building and upgrading warehouses, repairing feeder roads, and providing market information. http://www.independent.co.ug/news/news/7068-us-contributes-79mn-to-uns-food-program?mkt_tok=3RkMMJWWfF9wsRouu6%2FMZKXonjHpfsX86%2BwrXqO1lMI%2F0ER3fOvrPUfGjI4FSspmI%2FqLAzICFpZo2FFcH%2FaQZA%3D%3D