Monday, January 10, 2011

Report on global food prices up 20 countries to discuss coping strategies

 5, FAO said in a report, global food prices hit 20 year high. 8, summit of the Group of Twenty (G20), a representative said, the world's major economies are coping strategies discussed.

G20 Working Group held talks

FAO's report shows that global food price index in December 2010 reached 215, nearly the highest point in 20 years. The organization expects 2011 global food prices could rise further, so the proposed national food security warnings.

8, the South Korean government representatives in the media revealed that G20, G20 as a cover organization of the world's major economies on the current global food prices is very alert. He said, G20 is a working group to start talks in order to improve the level of national cooperation, collaborative solution to this problem.

May affect the global economic recovery

It is reported that, after emerging in many developing countries the phenomenon of rising food prices in many developed countries has emerged. Such as the 2010 U.S. corn prices rose by 50%, soybean prices rose by 34%.

Extreme weather and disasters as a factor in higher food prices. Such as the fire last year, Russia, Argentina, Australia, drought and recent floods have affected the supply of major crops.

Some developed countries worried over rising food prices could hit some of the rapid economic growth in emerging market countries will of the people's consumption, thereby affecting the global economic recovery.

Thailand's commitment to expanding exports

Food prices sparked protests in different sizes. To this end a number of countries have come up with initiatives to deal with. Chinese government has formulated interim price intervention measures, Ethiopia began to follow the implementation of 7. As the world's largest rice exporter in Thailand did not stand by the country's minister of commerce, 7, said that in 2010, exports of 900 million tons of rice, based on 2011 exports may reach 9.5 million tons.

Case

Indonesia's government called on family types pepper

Pepper is essential Indonesians food on the table, due to pests and adverse weather conditions, the price of pepper in Indonesia has been turned over 5 times last year. On to government officials, down to the ordinary people of Indonesia are very unhappy.

To this end, Indonesia's President Susilo Bambang Yudhoyono pepper prices specifically for the Cabinet meeting held the president to make some other self-cultivation of pepper on idle land.

Trade Minister 马里帕格苏 response to the call. 7, he told the media: to improve the survival rate of pepper, stabilize the market price.

At present, the Indonesia market, one kilogram of pepper rose to 7 pounds. East Java, one vendor told the media that the chili is too expensive, many people simply change to eat green peppers, chili when the amount of home cooking a lot less than before.

Sri Lanka military incarnation of Was responsible for the fight against the rebels, the pressure of life of residents.

A military spokesman told the media that the military is now buying vegetables directly from farmers, large supply of the market again. Layers of middlemen such as reduced circulation, they sell food prices than the store is much lower vegetable prices, , but allows consumers and farmers are satisfied, they also feel that to do so very valuable.

It is reported that The military said they will continue to sell vegetables, until the vegetables price stability.

Government of Sri Lanka to alleviate the pressure of rising food prices, has recently been imported from abroad, eggs, chicken and coconut and other food. But food prices have not dropped significantly.

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