Facebook TAGS Local NewsBusiness By Digital AIM Web Support – February 3, 2021 WhatsApp Facebook 2020 Outlook on the Emergence of COVID-19 and the Affect on the Agriculture Industry – ResearchAndMarkets.com Pinterest Twitter WhatsApp Twitter Pinterest DUBLIN–(BUSINESS WIRE)–Feb 3, 2021– The “Emergence of COVID-19: Outlook for Agriculture Industry” report has been added to ResearchAndMarkets.com’s offering. The agriculture industry has been pivotal in uplifting poverty, improving incomes, and food security for the marginalized. As per the World Bank, 80% of the world’s poor living in rural areas depends upon the farming, as per the world bank projection under pre-COVID-19 scenario, the development in agriculture is expected to feed 9.7 billion people by 2050, provide employment opportunity to poor working adults reducing extreme poverty. The industry which once accounted for 4% of the global GDP in 2018 is under stress of COVID-19 pandemic which shares concerns such as gap between prices for trading and delivery of agricultural commodities, disrupted supply chain and crunch of logistical resources, negative impact on farmer’s health, shortage of workforce to undertake operations, and increasing operational costs for complying with precautionary norms. As compared to Manufacturing and Services sector, Agriculture sector is under dual pressure of COVID-19 and climate change. Thus, its need of the hour for public and private sector to peg mitigating measures with Agriculture sector in focus. In the Covid-19 scenario, agrarian economies such as India, Bangladesh, Vietnam for which agriculture holds 12-16% of their GDP have been affected the most. The agriculture sector has been on decline despite the government have launched relief schemes and packages for the benefit of small farmers. For instance, despite Indian government introducing relief packages such as crediting INR 2,000 under PMKISAN scheme, capping wage rates for laborer under National Rural Guarantee Scheme (NREGS), loan moratorium and reduction in agricultural loans and other financial cash and food assistance for the vulnerable segment, the agriculture sector declined. The lockdown timeline of three weeks in India clashed with the harvesting time of rabi crops such as wheat, mustard, pulses, and others. The farmers were lacking workers to undertake harvest due to migration to their natives, lack of adequate logistical support to sell the produce, and government minimum support price operations lagged. This has disrupted both before and after harvest operations for Indian agricultural sector. The decline in agriculture can be seen on developed nations as well, for instance, in US the logistics for agricultural produce which are rural roads remains inefficient due to pending receivables for infrastructure, lack of revenue for maintenance, as per US transportation research group (TRIP), 13% of major rural roads are not under operational condition, with 21% under mediocre, 66% in good condition. Low on workforce bandwidth have made the situation for the agriculture sector worse. There was limited outflow of agricultural produce from California which supplies over third of country’s fruits, and vegetables as the number of COVID-19 positive cases piled up. Companies such as Ag Growth International (AGI) based out of Canada has suspended its global operations in Italy, India, France, and Brazil as mandated by the government. The effect on the agriculture would be aggravated by decline in the global growth as US GDP has been reduced by $1.5 trillion in terms of economic output. This has led to contagion effects by casting reduction in global trade as the Chinese economy suffers the hardest. The relations were on decline since the US-China trade war which also have contributed on to the decline in the agricultural trade. With the revival for the industry, the governments are resuming the operations with precautions taken which comes at the cost of debt and fiscal deficit. The above charts show the comparison of cost of government intervention for revival under the years of the Great depression (2008-2010) and COVID-19 (2019-2021). The similar pattern For instance, US federal government has taken measures to offer COVID-19 Food Assistance Program with aim of providing $16 billion as direct payment to farmers, European nations are discussing the possibility of providing express lanes for agriculture produce delivery. In US, Federal Motor Carrier Safety Administration is taking measures to provide relaxation federal drive time rules for trucks making agricultural goods delivery. Furthermore, there are firms ensuring safety of workers at their premises. Such as Symaga Silos based out of Spain guarantee safety during the operability and productivity of its factory operations. Companies MentionedAdicoagro SAArbaza AlimentosColumbia Grain InternationalCalyxt, Inc.Hitech PulsesBahuvidaDole Food CompanyFresh Del Monte Produce Key Topics Covered: 1. Introduction 2. Covid-19 Scenarios 3. Executive Summary 4. Economic Impact of Covid-19 5. Global Agriculture Industry 6. Global Agriculture Industry by Segment and Country 6.1. Food Crops 6.1.1. Food Crops Revenue by scenario and country 6.2. Cash Crops 6.2.1. Cash Crops Revenue by scenario and country 6.3. Plantation Crops 6.3.1. Plantation Crops Revenue by scenario and country 6.4. Horticulture Crops 6.4.1. Horticulture Crops Revenue by scenario and country 7. Recent News and Development 8. Company Profiles For more information about this report visit https://www.researchandmarkets.com/r/ga6o2m View source version on businesswire.com:https://www.businesswire.com/news/home/20210203005772/en/ CONTACT: ResearchAndMarkets.com Laura Wood, Senior Press Manager [email protected] For E.S.T Office Hours Call 1-917-300-0470 For U.S./CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900 KEYWORD: INDUSTRY KEYWORD: INFECTIOUS DISEASES AGRICULTURE HEALTH NATURAL RESOURCES SOURCE: Research and Markets Copyright Business Wire 2021. PUB: 02/03/2021 12:39 PM/DISC: 02/03/2021 12:39 PM http://www.businesswire.com/news/home/20210203005772/en Previous articleFeaturing Top 5 Vendors in the Global Academic E-learning Market Report | Competitive Landscape and Key Product Offerings | TechnavioNext articleSporting KC signs French defender Nicolas Isimat-Mirin Digital AIM Web Support
PORT OF SPAIN, Trinidad (CMC) – Trinidad and Tobago were left with an uphill task of reaching the CONCACAF Gold Cup after slumping to a disappointing 2-1 defeat to Suriname, in the opening game of the Caribbean Football Union qualifying series here Wednesday night.Following a goalless first half at the Ato Boldon Stadium, the hosts fell behind in the 76th minute through a Guno Kwasie strike but equalised five minutes later thanks to a Tyrone Charles bombshell.With all to play for in added extra time, Ivanildo Rozenblad netted in the first period to break Trinidad’s hearts, and leave their qualification hanging by a thread.“We knew it would not have been an easy game. In football there are no easy games,” head coach Tom Saintfiet told a post-game media conference.“I think for the first 70 minutes we played in a good organisation and could create a lot of opportunities from there. If you count the amount of corners we had and the danger we create out of these corners, it was quite a lot. The only problem is we didn’t score out of these chances.”T&T suffered a blow prior to kick off when striker Cornell Glen was injured during warm-up and ruled out of the contest.However, the hosts had the better of the exchanges in the first half but failed to really seriously threaten the Suriname goal.Akeem Roach, in for the injured Glen, produced a long-range shot in the 30th minute but this was easily handled low down by goalkeeper Claidel Kohinor.On the stroke of halftime, Roach sprayed a pass to Nathan Lewis on the right wing just outside the 18-yard box, and he picked out Hashim Arcia who failed to control the ball in a dangerous position just in front of goal.Against the run of play, T&T almost conceded just seconds before halftime when 19-year-old Sorencio Juliaans forced a diving save out of goalkeeper Adrian Foncette.Charles and Hughtu Hector then came close to opening the scoring but it was Suriname who poked their noses in front through Kwasie’s deflected effort, from just outside the 18-yard box.T&T were back level in the 81st minute, however, when Charles produced a brilliant curling free kick from 25 yards out to leave Kohinor with absolutely no chance.The equalising goal injected new fervour into T&T’s game but they failed to come up with the winner inside the 90 minutes.In added time, Suriname found the killer blow in the 109th minute when 71st minute substitute Rozenblad got free from his marker, pivoted five yards outside the box and fired a long range, right-footed volley which beat Foncette all ends up.T&T clash with French Caribbean side Haiti in the final game of the series on Sunday at the same venue.The winner of the qualifying series will face the fifth-placed side from Central America in another playoff which will determine the final place at this July’s CONCACAF Gold Cup in United States.
The No. 9 men’s tennis team stayed undefeated at home after two back-to-back wins against No. 16 California and No. 36 Stanford over the weekend.“It was great to open the facility with the energy we had today,” head coach Peter Smith said after the team’s win over the Bears on Friday. “The energy from our crowd transferred to our team. It was just a gritty performance from the boys.”The clinching point against Stanford on Saturday came from sophomore Thibault Forget on Court 5, propelling USC to a 6-1 win. With the win, the Trojans improved their conference record to 3-1.The Trojans found themselves down after losing the doubles point early in the match. On Court 3, Forget and freshman Jake DeVine got up an early break before losing the match 6-3 to freshman Sameer Kumar and junior Yale Goldberg of Stanford. On Court 1, No. 38 pair of junior Nick Crystal and freshman Laurens Verboven fell short to sophomore Tom Fawcett and senior Maciek Romanowicz after losing the deciding point at 4-5, giving Stanford the first point of the day.The singles action saw the Trojans getting the first set on four courts, with the other two close in score. DeVine, No. 109 in the singles ranking, put USC on the scoreboard after beating Kumar 6-1, 6-2 on Court 4. On Court 1, No. 25 senior Max de Vroome was able to upset No. 6 Fawcett in straight sets, 6-3, 7-5.On Court 6, freshman Jack Jaede was broken when serving for the match and forced to a tiebreaker. Down 0-4, he came back and saved a set point before finishing the match 6-4 7-6(7), beating No. 110 Romanowicz.Forget finished the match, beating senior Nolan Paige with the score of 4-6, 6-2, 6-3, clinching the dual.Action went on and the Trojans were able to win the remaining two courts. No. 58 freshman Logan Smith defeated freshman Michael Genender 6-3, 0-6, 6-4. No. 55 Crystal defeated No. 56 sophomore David Wilczynski 5-7, 7-5, 7-5 in a close match that saw the Cardinal serving to close it out in the second set.On Friday, the Trojans were able to beat the Golden Bears 4-2, after coming from behind once again. The doubles action saw the home team going down as Cal’s No. 44 junior Filip Bergevi and junior Florian Lakat took down USC’s top team of No. 38 Crystal/Verboven 6-0.The Trojans responded with a win on Court 2 where de Vroome and Jaede tied the score after beating the Bear’s junior Andre Goransson and sophomore Billy Griffith 6-2.On Court 3, Forget and sophomore Tanner Smith suffered a 6-3 loss to sophomore J.T. Nishimura and freshman Ryan Shen that awarded the Bears the first point of the day.During singles play, however, the Men of Troy turned it around.On Court 5, Forget tied the score at 1-1 with a win in straight sets 6-3, 6-1 against No. 62 senior Oskar Wikberg. It was followed by another win on Court 2 where No. 55 Crystal beat No. 40 Griffith 6-2, 6-4. No. 58 Smith pulled out an upset of the same score against No. 17 Goransson, bringing USC one point away from the match.No. 109 DeVine had to surrender to Bergevi after a close match that ended with the score of 7-6(5) 6-4 for California, recording the only single loss of the weekend for the Trojans. The clinching point came from Court 1, as No. 25 de Vroome fought back after losing the first set to No. 28 Lakat, recording a 5-7, 6-2, 6-1 win.The Trojans are now 13-4 overall and will play two conference matches on the road, as they face Utah on April 8 and Arizona April 10.
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