Agriculture



Recent Items about: Agriculture

China’s Clearly Moving Into The Caribbean! St. Kitts & Nevis Launch Agro-Tourism Farm

St. Kitts and Nevis’ agricultural industry stand to be boosted by the interest of Taiwan’s President Ma Ying-jeou.

The Agro-Tourism Demonstration Farm at Sir Gilles (which was a joint initiative between St. Kitts and Nevis as well as the Republic of China, [Taiwan]) has been praised by Taiwanese President His Excellency Ma Ying-jeou. He regards the venture as a manifestation of the symbiotic relationship between the two countries. Continue Reading

Macroeconomic, News Ticker, Trade Tagged

Market Update: Jamaica Broilers Acquires Hamilton’s Smoke House Ltd. Second Acquisition In A Month

On July 24, 2013 Jamaica Broilers announced its acquisition of a leading egg producer and broker of hatching eggs in the United States. Now almost a month later here we are again with another announcement. This time it is a Jamaican acquisition of a leading producer of smoked meats, poultry and pork products. Continue Reading

Mergers and Acquisitions

Market Update: Jamaica Broilers Ltd Acquires Leading US Egg Producer. US Production To Double

Jamaica Broilers Group Limited (JBG) has advised that it has entered into an agreement on July 17, 2013, to acquire a leading producer and broker of broiler hatching eggs in the United States of America. This acquisition, if concluded, is expected to result in the doubling of JBG’s fertile egg production output in the United States. Completion of the acquisition, which is subject to certain conditions, is expected to be within forty-five (45) days. Under the terms of the transaction, the purchase price is to remain confidential until completion.

Mergers and Acquisitions

Government’s Neglect Costing Cane Farmers Over J$4m

There is a J$4.1 million cost which the cane farmers are begging the Jamaican government to help them offset, as they cannot afford it. But the government is saying, no way, Jose!

The Government of Jamaica has insisted that they cannot subsidize transportation costs for sugar this year. Continue Reading

Business Insight

Caribbean Broilers, We’re So Happy Your Food is Super Duper Safe. BUT…

CB Group Ad Campaign-20120226-00132

Safe Food is Critical - CB Group Ad Campaign

Achieving ISO 9001 HACCP Certification is certainly a BIG thing – A BIG thing for Caribbean Broilers, or for any Caribbean company. We see it. We notice. We notice the extensive campaign being undertaken by the CB group to ensure that everyone is fully aware of their achievement. This is good. When companies make serious progress towards becoming more efficient, profitable, or internationally recognized, I think they are allowed to tout those achievements. Continue Reading

Business Strategy, e-Update, Marketing Sponsorship Endorsements

Jamaica Broilers reports 21% growth in sales but 9% reduction in profit due to increased raw material costs

Jamaica Broilers Group

The Jamaica Broilers Group is reporting an 8% increase in gross profits to $1.12 billion for its second quarter ended October 29, 2011. This is an increase from the $1.04 billion reported last year. The results were released December 12, 2011.

The Jamaica Broilers according to The Gleaner controls about 40 per cent of the local chicken market, processing about 12,000 chickens per hour, or about 100,000 per day. Continue Reading

Earnings

Don’t think we missed the Ginger Brouhaha. 4 REAL opportunities for Jamaican Entrepreneurs

Ginger

I picked up on the ginger fracas last week after noticing multiple stories on the topic in the Gleaner. While reading, I realized that the articles spoke to Jamaican Ginger, missed export opportunities, and immediately it caught my attention, being someone interested in Maximizing their money.

Farming presents some real opportunities for Jamaica as we are able to grow some of the world’s BEST products and based on my reading, Jamaican Ginger is one of them. There are extensive opportunities in selling the produce, the by-products or even related services, and preliminary research points to the fact that as the refining process improves, the dollars increase. Continue Reading

Saving / Investing Tagged

Link: 80 per cent of Jamaica’s Blue Mountain Coffee is exported to Japan

Formal relations between Jamaica and Japan stretch back to 1964. Japan is one of the largest markets for Jamaican reggae music and coffee — 80 per cent of the island’s Blue Mountain Coffee is exported to Japan. Ueshima Coffee Company … Continue reading