Denmark seeks stronger agriculture ties with Pakistan, says ambassador

ISLAMABAD: Denmark has expressed its keen interest in extending the agricultural ties with Pakistan. During an interview, Danish envoy to Pakistan Jesper Moller Sorensen said that various Danish companies are taking keen interest in Pakistan’s energy, economy and agricultural sectors. The Danish envoy stated that the officials from a Danish company, DNP, are on their visit to Pakistan, and their products have received a very positive feedback from the public. Jesper highlighted that he is happy in strengthening the business ties between the two countries.Jesper was of the view that there are vast opportunities of investment by the Danish companies in Pakistan and he is personally informing the Danish companies about the scope of investment in the sectors of recyclable energy, public health, agriculture and dairy sectors. He said that the purpose of the promotion of trade and investment in Pakistan is provision of better opportunities to the Pakistani people. “Denmark has thousands of companies involved in the agriculture, farming, and dairy industry. 

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52 million non-agriculture jobs added during UPA tenure

Even as the Bharatiya Janata Party (BJP) and the Congressclaim the employment generation in their respective regimes was better than the other, an office attached to the Planning Commission has come out with an explanation for the decline in jobs rate from 2004-05 to 2011-12.The Institute of Applied Manpower Research (IAMR) said on Monday that for the first time in independent India, there has been an absolute fall in the numbers employed in agriculture by 36.7 million from 2004-05 to 2011-12 because the number of non-agricultural jobs grew.Non-agricultural employment expanded by 52 million to reach 242 million in 2011-12, against 190 million in 2004-05. It expanded 7.5 million a year over 1999-2000 to 2004-5 and during 2004-5 and 2001-12. However, the number of people joining the labour force during 2000-2005 was 12 million a year, but fell to 5.5 million between 2004-05 and 2011-12. The result was that the rate of open unemployment fell, IAMR said in a paper, Why a jobs turnaround despite slowing growth.

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Sustaining farm sector growth amid fall in water availability

Had late winter rains not damaged some standing crops in northern states, India would have had record foodgrain production of 263 million tonnes (mt) in 2013-14. Whatever the loss of rabi crops, the good southwest monsoon allowed India to record the targeted growth of four per cent in production. However, a good season should not distract us from the reality of the farm sector's vulnerability to major shocks when the monsoon plays truant. Spells of drought kept agricultural growth at 3.6 per cent annually during the 11th Plan (2006-12).But four per cent growth is no holy grail for septuagenarian farm sector evangelist Bhavarlal Jain. Slowly but surely, Jain is seeing converts among politicians, bureaucrats and bankers, who are starting to think as "weather is to become increasingly unpredictable due to global warming, the challenge for Indian farmers will be to produce more with less and less water and energy". 

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US profits, China struggles: Q1 2014 poultry outlook

Increasing grain prices, caused by political and climatic instability, are impacting the poultry market, according to Rabobank’s Poultry Quarterly Q1. Margins in Q2 are likely to be affected by avian influenza outbreaks in China, the weakening Asian economy and feed prices, which are up 10 to 15% on earlier expectations.

“The effect on companies hinges on their regional market balance and longer-term forward hedging,” said Rabobank analyst Nan-Dirk Mulder.

“A slowdown in global trade volumes and lower product prices, especially for leg quarters, will affect companies in international trade and lead to shifts in global trade streams. Brazil is likely to be affected the most, while Thailand is likely to benefit due to its recent return in the Japanese raw chicken market.”

The US can look forward to a “very profitable” year, Rabobank analysts say, while the Chinese poultry industry is suffering after a second avian influenza outbreak in less than a year has impacted demand, with consumers concerned about the safety of poultry.