Blog: Farmers innovate to survive
Catherine Sleep | 18 October 2006
It’s hardly news that many farmers are struggling to keep their businesses afloat. Some have thrown in the towel and sought a less laborious way to make a living. But for many this would mean too great a sacrifice, relinquishing land that has been in their families for generations.
Some have turned their hand to organic food production, while others have developed specialisations such as premium cheeses or exotic meats. Others still have thought further away from their original activities and developed non-farming-related businesses that boost the income from farming. The article from Northern Ireland linked below investigates a number of these innovative projects, for example a farmer who has set up a motorcycle training school on his land.
That’s a great example of putting the resources available to good use, as the one thing that many farms do have in abundance is space, which for most other businesses is a rare commodity. A farm near my home town has also successfully thought ‘outside the box’, setting up Toytime, a business selling new and second-hand toys. It specialises in larger garden toys, such as trampolines and slides, and is doing a roaring trade, because there aren’t many toyshops with the space for customers to try out all the equipment.
Danone completed its US$12.5bn acquisition of WhiteWave Foods this week. The move will roughly double Danone's presence in North America, where WhiteWave is a top four dairy player. ...
Premier Foods plc revealed today (28 March) it has secured a deal with its pension scheme trustees that will see the UK food maker reduce its pension burden....
Hain Celestial, under the scrutiny of the investment community in recent months and facing some challenges in its domestic market, has announced another shuffling of its management pack....
FrieslandCampina, which today served up higher profits but lower sales for 2016, is ready to offload the last non-dairy business owned by the Dutch cooperative giant....
- Interview: Sir Kensington's on sale to Unilever
- Analysis: Post discusses rationale for Weetabix
- Who will buy Danone's Stonyfield business?
- Interview: "Disruptive" snack brand Hippeas
- Column: Why snacking is the new meal
- Unilever buys US condiments maker Sir Kensington's
- Ice cream helps Unilever sales, food flat
- Nestle organic growth slows but beats expectations
- Dairy dampens Danone in Q1
- Icelandic to sell Saucy Fish Co. owner Seachill