Biotech Updates

FAO: Amidst Rising Food Prices, Urgent Measures are Needed

April 11, 2008

The Food and Agriculture Organization of the United Nations said in a press release that urgent measures are needed to reduce the adverse effects of higher food prices on the poor. The UN agency stressed the important role that agro-industry has  to play in overcoming the problems that result from high commodity prices.

Factors such as reduced production because of climate change, higher consumption of meat and dairy products in emerging economies, increased demand for biofuels production and the higher cost of energy and transport have led to recent surges in world food prices.

FAO Director-General Jacques Diouf, addressing the first Global Agro-Industries Forum in New Delhi, said “Agro-industry helps preserve foodstuffs, add value and reduce post-harvest losses; it enables products to travel longer distances, including to the rapidly expanding cities.” He also stressed how agro-industry generates demand for agricultural products, holds vast potential for off-farm rural employment and adds significant value to farm production, whether for domestic or export markets.

Read more at http://www.fao.org/newsroom/en/news/2008/1000823/index.html