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Farmland Prices Show Strength In Auction Of Benton County Farmland
OXFORD, Ind., Aug. 7, 2013 /PRNewswire/ — Demand for midwestern farmland continued to show signs of good health Tuesday when 345 acres of Indiana land sold for $3,612,840, with Schrader Real Estate and Auction Company managing the sale. Thirty-four registered bidders gathered at the Benton Central High School Cafeteria for the auction offering of six tracts, which resulted in prices as high as $10,640 per acre on tillable land. “If there’s weakness in farmland prices, we certainly haven’t seen any sign of it in Benton County, and in truth, we’re continuing to see strong competition and prices,” said R.D. Schrader, president of the auction company. “These prices were very good for the soil types, with most of the tillable land selling in two groups of tracts. Approximately 162 acres went for $10,640 per acre, and another 180 acres sold for $10,149 per acre,” he said. “We continue to be in a market where the supply of farmland is tight relative to the demand. That’s due in part to the usual seasonal variation, with crops in the field, but the longer term reality is that owners of farmland still don’t see a lot of alternative investments that offer the stability and long term returns farmland has provided. As long as that continues to be the case, we’ll continue to see good prices for farmland,” he said. Most of the Benton County land was located near U.S. 52 with frontage on CR 500 E. Schrader Real Estate and Auction Company, based in Columbia City, Ind., is a leading auctioneer of farmland throughout the United States. Individuals seeking additional information about the firm and its auctions may visit www.schraderauction.com or call 800-451-2709. For more information: Carl Carter, 205-823-3273 SOURCE Schrader Real Estate and Auction Company RELATED LINKS http://www.schraderauction.com Continue reading
DTI Taps Export Potential Of ‘Engineered’ Bamboo
Philippine Daily Inquirer 9:08 pm | Friday, August 9th, 2013 The Department of Trade and Industry wants to tap the export potential of “engineered” bamboo as it is expected to provide Philippine furniture manufacturers a competitive edge in the Asean region. This will be critical after 2015 when the economies of the 10-member countries of the Asean would have been integrated under the Asean Economic Community, allowing the free flow of goods and manpower across the region. Senen M. Perlada, director at the DTI’s Bureau of Export Trade Promotion (BETP), said engineered bamboo had huge export potential since bamboo is endemic in the country; bamboo plantations can thrive nationwide; and new technologies are readily available for adoption. “The innate creativity of the Filipino and the plant’s flexibility as a raw material for a variety of products and uses can be showcased in international trade exhibitions and missions, as well as in local trade fairs and exhibits,” Perlada added. Engineered bamboo refers to the low-cost product manufactured from bamboo and designed to replace wood. Citing World Bamboo Resources, the DTI said that the Philippines had about 172,000 hectares of bamboo forest in 2005, or about 2.4 percent of the country’s total forest area of 7,162-million hectares. Over the past five years, the country’s export sales of bamboo furniture and furnishings had been on a seesaw trend, reaching a high of $1.21 million in 2008 and then dropping to $928,132 in 2009, government data showed. In 2010, export sales stood at $689,786, before it regained momentum in 2011 with sales reaching $1.1 million. In 2012, sales of bamboo furniture dropped by 56.9 percent to $481,195 from the previous year. The Philippines’ main markets for bamboo furniture in 2012 were the United States, which accounted for $261,020; France, $64,806; and the Netherlands, $35,116. Exports of bamboo furnishings, though more modest compared to bamboo furniture, brought in $365,398 in 2008 and $464,343 in 2011, but dropped to $100,521 in 2012. The main market was France, which bought 90 percent or $90,329 worth of bamboo furnishings from the Philippines in 2012. Amy R. Remo Continue reading
EcoPlanet Bamboo’s Expansion Plans Target 1 Million Acres of Degraded Land
PRWeb Published 7:05 pm, Thursday, August 8, 2013 EcoPlanet Bamboo’s plantations have received independent accreditation from a range of institutions, from the World Bank to the World Wildlife Fund (WWF). Such accreditation demonstrates that a for-profit company can earn strong financial returns in a sustainable and transparent way, while positively impacting the lives of the poor, improving the environment, and protecting the planet. Barrington, IL (PRWEB) August 08, 2013 Increasing demand for timber and fiber continues to put pressure on forests globally, and although sustainability issues are a hot topic, market economics ultimately win and the forest loses. Over the past three years EcoPlanet Bamboo has driven the development of commercial plantations of non invasive tropical clumping bamboo around one core pillar – to set in stone the benchmarks and framework for the industrialization of bamboo as an alternative fiber in a way that addresses issues of social and environmental concern. EcoPlanet Bamboo’s recently concluded first phase of growth, the strategically located reforestation of approximately 10,000 acres of highly degraded land, in some of the poorest and least developed regions of Central America and Southern Africa, was focused on being demonstrative. Proving that bamboo could be successfully produced at a commercial scale across different species and climates from both seed and tissue culture plantlets; proving that climate change benefits (accredited by the Verified Carbon Standard), as well as biodiversity and social co-benefits (accredited by the Climate, Community, Biodiversity Alliance) could be achieved; and ultimately proving that bamboo could be produced in a truly sustainable manner through the early acquisition of Forest Stewardship Council (FSC) Forest Management certification for the Rio Siquia and Rio Kama plantations. In addition to these certifications, EcoPlanet Bamboo’s plantations have received independent accreditation from a range of institutions, from the World Bank to the World Wildlife Fund (WWF). Such accreditation demonstrates that a for-profit company can earn strong financial returns in a sustainable and transparent way, while positively impacting the lives of the poor, improving the environment, and protecting the planet. EcoPlanet Bamboo is hopeful that this success will set a new global benchmark for the industrialization of bamboo. With this framework strongly in place to guide the development of each new plantation, EcoPlanet Bamboo has set its sights on a second phase of growth – achieving the reforestation of 1 million acres of highly degraded land into fully functioning commercial bamboo forests, with a focus on Southeast Asia, Brazil and Africa. Split into manageable operations of 25,000 – 100,000 acres, these are to be dedicated plantations; each one co-developed alongside timber dependent manufacturing companies within strategic locations globally, providing them the ability to create a long-term competitive price advantage, secure supply and a meeting of each entity’s sustainability goals. “While our achievements to date are still a long way from our 1,000,000 acre goal, they have proved not only that we can, but that we are committed to industrializing bamboo in a way that benefits the local community, is environmentally positive, and enables the feedstock security that multinational corporations require to ultimately move away from unsustainable logging practices, and make the switch to an alternative fiber,” says Troy Wiseman, CEO of EcoPlanet Bamboo Group. For the original version on PRWeb visit:[url=”http://www.prweb.com…web11010766.htm”] http://www.prweb.com…web11010766.htm Continue reading
