#TheBahamas, May 2, 2022 – Farms, like just about everything else, come in all sizes and shapes. And like other items that come in various forms, what works for one may not work for all.
“That’s what we are learning as we go along,” says Philip Smith, Executive Chairman of the Agricultural Development Organization, the recently launched non-government organization formed to support farming and the culture of self-sustaining food security. “While it is evident that there is a huge difference in resources and production capabilities between a mass production facility like Lucayan Tropical Produce and a backyard farmer in Cat Island, what is most interesting to us is how we can learn from both and help each other.”
Learning prompted a tour of Lucayan Tropical Produce, an impressive 20,000 square meters of greenery, soil, plants, shade houses, refrigeration, boilers, equipment, endless rows of cucumbers, lettuce and tomatoes and one element that is harder to replace – perseverance.
“We started in the fourth quarter of 2006 and it took us over 10 years to begin to get it right,” explained Tropical Produce President Cameron Symonette, with a hands-on approach and knowledge of everything from the value of a fistful of seeds to what reverse osmosis does to the environment.
The most surprising lesson they learned was how dynamic agriculture versus other traditional manufacturing businesses were, what Symonette and his father, Craig, a director of the company, call “the continuous puruist of a happy plant, one that wants to produce.”
“We changed systems and management four times and kept trying to get it right,” says the younger Symonette. “We felt we could produce 100% of the market needs for cucumbers and 100% of the island of New Providence’s need for Bahamian tomatoes but it just wasn’t happening.”
What stood in the way was lack of a significance difference between night and day temperatures.
“Under good farming conditions, a plant stresses every day in the heat and relaxes at night,” says the company president. “In The Bahamas, there is little difference between night and day so the plant is stressed most of the time given the rolling average of difference being so small. It took us a long time to figure that out, to figure out what made the happy plant.”
Now, with strictly controlled temperatures, constant refrigerated trucking and a new closed loop temperature controlled chill house under intense lighting, the lettuce Lucayan Tropical Produce turns out is heartier and is proving to have a longer shelf life than other products available in the marketplace, says Symonette. Thanks to the new indoor growing system, the company is able to produce lettuce year-round. Despite growing up to five varieties of tomatoes, the extreme summer heat puts a halt to that production.
For ADO director Karen Casey, the visit to Lucayan Tropical Produce off the beaten path in western New Providence was affirmation of what founders of the relatively new NGO suspected.
“It takes a tremendous investment to create a massive scale successful farm in The Bahamas,” said Casey, president of Sysco Bahamas, the largest wholesaler of food in the country. “It reinforces our need to focus on cooperative crop planting and we are extremely grateful that the Symonettes have offered to help us in that.”
Smith said the happy plant and other lessons would be helpful to farmers throughout The Bahamas.
“Craig and Cameron shared 16 years of experience with us, experience we can take back to workshops on community farming, backyard and schoolyard farming,” said Smith. “This has been an incredibly valuable tour.”
ADO was formed in early January with a $1.1 million grant from FTX, the first large gift awarded by the giant blockchain trading platform after opening its headquarters in The Bahamas. FTX CEO Ryan Salome serves on the steering committee along with Royal Caribbean International President and CEO Michael Bayley, businessman and former Minister of Tourism Vincent Vanderpool-Wallace, Karen Casey and Smith, who is the former executive director of the Bahamas Feeding Network. More than a dozen community and civic leaders serve on various committees.
Release: Agriculture Development Organization
Header: Fact-finding tour – Lucayan Tropical Produce President Cameron Symonette explains benefits of sharp changes in night and day temperature for healthy ‘happy’ plants to visitors from the new food security NGO Agricultural Development Organization. Picture l-r, ADO directors Diane Phillips, Executive Chairman Philip Smith, Sysco Bahamas President Karen Casey and in background next to Symonette, Craig Symonette who founded Lucayan Tropical in 2006.
1st insert: Agricultural Development Organization (ADO) director and president of Sysco Bahamas Karen Casey talks tomatoes with Lucayan Tropical Produce. ADO was formed to make self-sustaining food supply a reality for The Bahamas.
2nd insert: A world of cucumbers – Lucayan Tropical Produce supplies about 65% of the local demand for cucumbers, growing European and standard varieties under these leafy greens. ADO toured Lucayan Tropical recently as part of a 3-month fact-finding tour to gather information helpful to farmers throughout The Bahamas at all levels from backyard to community and beyond.
Digital coin created for Caribbean’s Dominica as island partners with Huobi
By Shanieka Smith
December 2, 2022 – The Commonwealth of Dominica has partnered with cryptocurrency exchange Huobi, to issue its own national cryptocurrencies, Dominica Coin (DMC), and Digital Identity Documents (DID), already reports indicate a surge for the Huobi token.
This new collaboration with Dominica will bring the Caribbean one step closer to being a global cryptocurrency exchange centre. Huobi also announced its intention to move headquarters from Seychelles to the Caribbean.
It was explained, “The deal is noteworthy partly because of its connections to crypto billionaire Justin Sun, founder of the Tron blockchain where the Caribbean island’s new token will initially reside.”
Dominica Coin (DMC) and digital identity documents (DID) will be issued by Huobi Prime via the TRON network (a project dedicated to building the infrastructure for a truly decentralized Internet); both will serve as credentials for the future metaverse platform based in Dominica. DIDs can be used for cryptocurrency Know Your Customer verification, applying for loans, and opening bank accounts on the island.
The DMC is not yet ready for launch, but The HT token is up 15% over the last 24 hours to $7.12. It’s up 40% over the past seven days.
As one of the first Caribbean islands to adopt the citizenship-by-investment policy, the Dominican government is seeking to delve into the metaverse and Web3 technology as a means to boost the country’s development.
Imminent Worldwide Measles Threat; 25 Million CHILDREN miss First Dose
By Dana Malcolm
December 2, 2022 – Forty million children are at risk of Measles as what the World Health Organization is describing as an “imminent threat” takes shape. A joint report between the WHO and the U.S. Centres for Disease Control revealed that a record number of children missed their measles dose with 25 million children missing their first dose and 14.7 million children missing their second dose in 2021 alone.
Nine million cases of measles were recorded last year, twenty-two countries experienced large and disruptive outbreaks and 128,000 deaths occurred, the report says.
“The paradox of the pandemic is that while vaccines against COVID-19 were developed in record time and deployed in the largest vaccination campaign in history, routine immunization programmes were badly disrupted, and millions of kids missed out on life-saving vaccinations against deadly diseases like measles,” said Dr. Tedros Ghebreyesus, WHO Director-General.
Measles is easily one of the most contagious viruses in the world and while many people think itchy spots when they think of the disease it can cause pneumonia, seizures and brain damage in about 30 percent of infected individuals.
Herd immunity will not work with this disease, say experts, unless 95 per cent of people or more are vaccinated; only 71 per cent of children in 2022 are fully vaccinated.
“Measles anywhere is a threat everywhere” the report said, emphasizing that no WHO region has achieved and sustained measles elimination.
FTX founder Sam Bankman-Fried admitted he’d screwed up
By Shanieka Smith
December 2, 2022 – An interview with FTX founder Sam Bankman- Fried on Wednesday at the DealBook Summit revealed that there were no risk management teams or form of corporate control to help govern the organisation.
The CEO said he was shocked by what had taken place. While he had made loans to his hedge fund Alameda, Bank-Fried said he did not intentionally commingle the funds.
Bankman-Fried acknowledged that he had a responsibility to the company and all its customers but he “screwed up.” “There was no person who was chiefly in charge of positional risk of customers on FTX, and that feels pretty embarrassing in retrospect,” he shared.
The investigation is ongoing and it still needs to be clarified whether customers will be able to regain any funds.
Former Securities and Exchange Commission lawyer Howard Fischer said that Bankman-Fried’s comments are being scrutinised. “Everything he says that turns out to be contradicted by admissible evidence will be taken as evidence of deceit.”
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