Risks and challenges in global agricultural markets by @WorldBank: Agricultural prices are levelling off.
Fertilisers are still at a high mark cf. 2019.
https://t.co/ymGjPhC7ta via @WorldBank
📝 Producing fertiliser with green hydrogen presents a promising way to establish a substantial green hydrogen sector in Africa: potentially key to green industrialisation and agricultural development in the region.
Read the paper 👉 https://t.co/hItteWd4fe
Where does manufacturing mania come from?
✍️extract: my May2024 Factful Friday
👉I’m not sure why G7 politicians believe manuf is so pivotal for economic success
❗️YES, you need a manuf to conduct military operations, react to pandemics, & drive the green transition.
❗️YES, productivity growth is faster in manufacturing (in G7).
👉But with only 8% of US workers in factories, why isn’t manuf more of a “that’s nice to have” sort of thing rather than something Biden threw $2 trillion at?
👉The obsession doesn’t make sense unless it is coming from politics … oh, wait, yes that’s it. Now I get it.
👉Manufacturing jobs wins elections. It’s like farm policy in France; no one wins without the farm vote.
~~~~~~~~~~~~~~~~~~~👇
In socialist circles, Anti-service attitudes have a long & glorious intellectual history.
👉 Communist economic theory is all about production, and from Marx onwards that meant things that you could drop on your foot
👉 Marx, a German sitting in London, hatched his masterpiece, Das Kapital, in 1867 when industry was what Germany wanted and England had—It was clearly what made Britain a superpower
👉 Marxism had a plan for economic betterment. That plan relied on industrializing, so given the times, manufacturing mesmerisation made sense
👉 Did you know that Engels called services ‘faux frais’ (false costs)?
👉 Did you know that in the 1990s, the CCP called some service sectors the "imaginary economy" or "fictitious economy" (xūnǐ jīngjì)?
👉 The intellectual linchpin is this: real socialists don’t believe that market prices represent value.
🤔 since it is hard to value services without claiming that they just are worth what people pay for them, it is easy to understand how a hard-charging communist boss would build factories rather than improve productivity in the service sector
>>Summary
👉mental blinders drive manuf mania in 🇨🇳; politics drives it in G7
Wat Denemarken doet is Mansholt 2.0: schaalvergroting en technologie inzetten om maatschappelijke doelen te halen. Bij Mansholt was het doel sociaal-economisch, in Denemarken klimaat.
Tip: lees Mansholts ‘Memorandum Landbouw 1980’ uit 1968 er eens op na.
https://t.co/5FgUrpUBd8
EU's cereal output is currently projected at 255.6 mln tonnes (its lowest level since 2007), a Commission official told MEPs today. This is 9% below the historical average and it's linked to adverse weather events while prices remain low—not a good thing for EU farmers...
"Democrat political elites" culturally diverge from the median voter
Research by Alexander Furnas (@zfurnas) and Timothy LaPira (@timlapira).
https://t.co/l8koYk4fnT
Out now!
@FAO's report The State of Food and Agriculture 2024 uncovers the #TrueCostOfFood in order to make agrifood systems more inclusive, resilient and sustainable.
Read the report👇
📕 https://t.co/IgcfnkJOAU
#SOFA2024#TrueCostAccounting
Agriculture uses over 70% of Irish land, contributes 1.11% of GDP and creates 37% of the country's total greenhouse gas emissions - now its far-reaching influence has been mapped out for the first time by @DeSmog#climate#agriculture
https://t.co/ByRw0Mufa5
PRESS RELEASE: Famine (IPC Phase 5) Confirmed in #Sudan’s Zamzam IDP Camp in Al Fasher
“Humanitarian and government actors should never wait for a confirmation of Famine (IPC Phase 5) before taking meaningful actions to save lives.” https://t.co/8aDVGkX25E