Monday, December 20, 2010
United Nations agencies: developing countries will make food prices jumped 4 percent 10 years.
<P> Food and Agriculture Organization (FAO) in conjunction with the Organization for Economic Cooperation and Development (OECD) released the latest report on global food, warning the next 10 years will likely rise in global food prices 40%, the food security situation is worrying. .Reported that the rapid development of developing countries is the "era of high prices," one of the major driving factors, and is expected, including China, "BRIC", will usher in the wave of food production growth. .</ P> <P> According to reports, FAO and the OECD in the name "Agricultural Outlook 2010-19," an annual joint report, global food prices over the next 10 years would be less likely fell between 1996 to 2007 average .Although it is difficult rose to the highest level two years ago. .The report predicts that the next 10 years, the average price of wheat and coarse grains, than the 1997-2006 average of between 15% and 40% (adjusted for inflation). .The real price of vegetable oils is expected to rise 40%. .The average dairy prices will rise between 16% -45%. .</ P> <P> reported that in some emerging economies, some of the more affluent population, leading to changes in eating habits, the growth rate of world demand for meat than other agricultural products, improved productivity, can reduce the upward trend in meat prices .based on production capacity and supply in China and Brazil is expected to rise in the price of pork has even more to lower the average level during 1997-2006. .</ P> <P> report also predicted that the "BRIC" will usher in the next 10 years, food production growth surges, the agricultural produce in developed countries will increase to 3 times. .Brazil is currently the fastest growing agricultural producer, its output in 2019 is expected to grow 40% or more. .China, India, Russia and Ukraine is also expected to increase production far more than 20%. .Meanwhile, rising per capita income in emerging markets and accelerated urbanization, will also boost demand. .OECD Secretary-General Gu Liya (AngelGurria) said that all indicators point to "the era of high prices", even though the food crisis will be lower than the 2007/08 peak period. .</ P> <P> expectations of high food prices could trigger global food safety scare, the 2007 food crisis caused by social unrest in many countries have the opportunity to repeat itself. .Since the food crisis, agricultural development, more and more attention by national governments, especially the United States. .Earlier this year, OECD has convened the first time in 12 years, Minister of Agriculture to discuss food security issues. .It is estimated that, last year the number of chronically hungry has exceeded 10 billion. .</ P> <P> Diouf said FAO Director-General of China in scientific research, technological development, rural infrastructure and other aspects of the substantial investment, the Chinese government introduced the policy in favor of agricultural production and encourage foreign investment .into the agricultural sector. .Although China is faced with a large population and rapid industrialization, the rural labor force reduction costs, and other unfavorable factors, but the overall trend of China's agriculture is positive to the good. .</ P> <P> Zuo Xiaolei, Galaxy Securities chief economist believes that food prices will not cause the problem of inflation must not be plausible, food prices will definitely affect the CPI, it is a package of factors that affect the CPI .One is certainly influential, such as the Development and Reform Commission said that water will rise, will affect the CPI, but it depends to what extent the impact, not to say that inflation will lead to a deterioration of inflation. .</ P>.
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