Emerging Economies 'to enjoy food production boom'
-
-
- ampersand
- added this
The emerging economies of Brazil, India, China and Russia will enjoy an agricultural boom over the next decade as production stalls in Western Europe, a report says.
Agricultural output in the Bric nations will grow three times as fast as in the major developed countries, the joint United Nations-OECD study said.
While overall world net production of commodities is forecast to grow 22%, production among the 30 members of the OECD is estimated at 10%. Production in western Europe alone will stagnate.
This OECD growth rate is almost three times slower than the growth rate of Bric countries, which is forecast to expand 27%. The report also identifies Ukraine as likely to see rapid agricultural growth over the next few years.
Crop prices, in real terms, will rise between 16% to 40% "above their average for the decade".
http://news.bbc.co.uk/2/hi/business/10320149.stm
Agricultural output in the Bric nations will grow three times as fast as in the major developed countries, the joint United Nations-OECD study said.
While overall world net production of commodities is forecast to grow 22%, production among the 30 members of the OECD is estimated at 10%. Production in western Europe alone will stagnate.
This OECD growth rate is almost three times slower than the growth rate of Bric countries, which is forecast to expand 27%. The report also identifies Ukraine as likely to see rapid agricultural growth over the next few years.
Crop prices, in real terms, will rise between 16% to 40% "above their average for the decade".
http://news.bbc.co.uk/2/hi/business/10320149.stm
-
- groups:
- Co-Evolution
-
-
artemis6
-
Glad we eat so little dairy . Sad for the earth .
- 1 year ago
-
artemis6
-
-
ampersand
-
Some distinct minuses in this story for the planet.
The UN report here says more folks will be "eating processed foods" "with the rise in incomes." They predict the sharpest rises in food prices will be in dairy products. (Maybe that's a "good thing" as Martha Stewart would say. If that reduces the over-consumption of that for adults.)
Again, though, my dear brethren, if you want any real control over your food supply, you should own it. - 1 year ago
-
ampersand
