IICA warning on increased food prices
Thursday, March 3, 2011
How Brief Can My Bikini Be
prices of major commodities have risen to levels even higher than during the crisis of 2007-2008, defying the net food importing countries. 
"Those countries Latin American and Caribbean countries that are net food importers must redouble efforts to improve productivity and mitigate the impacts of climate change, "said the Director General of the Inter-American Institute for Cooperation on Agriculture (IICA), Victor M. Villalobos, in a report to the Ministers of Agriculture of the Americas on the rise in prices of important commodities. 
The Director General of IICA, Victor M. Villalobos said the need to take action to address the growing climate variability that contributes to the volatility of prices and for adaptation to climate change impacts. At present, there uncertainty in global markets, volatility in grain prices, and concerns have resurfaced social impacts that may have this situation, there is still no consensus on whether this is a new food crisis or is the same, 2007 -2008 has reappeared, after an impasse. The biggest challenge lies with the importing countries are becoming more expensive products, which include tropical products like coffee, cocoa and sugar, milk and meat, that the crisis of 2007-2008 were not affected, and mainly to their lower-income populations. Against this background
complex, IICA a need to make an effort to increase levels of investment in technology and agricultural innovation in order to improve yields and increase global food supply to meet demand to double by 2050.
also stresses the need to take action to address the growing climate variability that contributes to the volatility of prices and for adaptation to climate change impacts.
"Some other actions require a regionally coordinated effort to improve availability and access to timely information, coordinate reservations for products, especially cereals, as well as improve the performance and transparency of the markets, "said Villalobos.
In August 2010, the Institute released a report that warned of instability in world wheat markets due to problems experienced by Russia. In early 2011, the news confirmed rises higher and more widespread than those of 2007-2008, which are accelerating the rate of food inflation, impacting governance in African and Asian countries and reviving concerns about food safety.
Forecasts for the United Nations Organization for Food and Agriculture Organization (FAO) indicate that prices continue to rise, while the World Bank expected that the situation will be less severe as there has been a greater global supply of wheat, maize and rice than it had in 2007-2008.
There are also some differences with the crisis of 2007-2008, as a larger stock of major commodities and, at present, has not increased the price of rice.
However, other factors such as growth in global food demand, rising oil prices, the concentration of production and exports of major agricultural products, climate instability, restrictive trade policies and speculation price-generated alert to a possible food crisis and a call for immediate action.
Link: http://www.iica.int/Esp/prensa/IICAConexion/IICAConexion/2011/N02/secundaria01.aspx
complex, IICA a need to make an effort to increase levels of investment in technology and agricultural innovation in order to improve yields and increase global food supply to meet demand to double by 2050.
also stresses the need to take action to address the growing climate variability that contributes to the volatility of prices and for adaptation to climate change impacts.
"Some other actions require a regionally coordinated effort to improve availability and access to timely information, coordinate reservations for products, especially cereals, as well as improve the performance and transparency of the markets, "said Villalobos.
In August 2010, the Institute released a report that warned of instability in world wheat markets due to problems experienced by Russia. In early 2011, the news confirmed rises higher and more widespread than those of 2007-2008, which are accelerating the rate of food inflation, impacting governance in African and Asian countries and reviving concerns about food safety.
Forecasts for the United Nations Organization for Food and Agriculture Organization (FAO) indicate that prices continue to rise, while the World Bank expected that the situation will be less severe as there has been a greater global supply of wheat, maize and rice than it had in 2007-2008.
There are also some differences with the crisis of 2007-2008, as a larger stock of major commodities and, at present, has not increased the price of rice.
However, other factors such as growth in global food demand, rising oil prices, the concentration of production and exports of major agricultural products, climate instability, restrictive trade policies and speculation price-generated alert to a possible food crisis and a call for immediate action.
Link: http://www.iica.int/Esp/prensa/IICAConexion/IICAConexion/2011/N02/secundaria01.aspx
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