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FAO warns food security threatened by low agricultural

prices

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Nfl Betting Spread The United Nations Food and Agricultural Organization said that low agricultural commodities prices was threatening the world's food supply for some of the poorest nations, a recent report said.

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Betting Exchange Spread Jan 25, 2005 (AXcess News) Geneva - The United Nations Food and Agricultural Organization said that low agricultural commodities prices was threatening the world's food supply for some of the poorest nations, a recent report said.

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Advanced Commodity Spread The UN released the new report on The State of Agricultural Commodity Markets Tuesday in Geneva. It stated that many of the poorest nations relied on agricultural commodities export and in some cases, single agricultural commodity export. The low prices for that food has effected their revenue severely. The report called the limited agricultural commodity export short-sighted, saying that relying on a few food products leaves these countries exposed to unfavorable market or climatic conditions.

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Online Spread Betting The FAO explained that drought or agricultural commodities price drops can drain these poorer countries foreign exchange reserves. FAO economists said that this would lead to lower essentials imports and greater borrowing, plunging these poorer nations further into debt.

Stock Spread Trading The FAO said that as many as 43 developing countries relied on a single source agricultural commodity for more than 20 percent of their total export.

Betting Horse Racing Spread The majority of these countries are in sub-Saharan Africa or Latin America and the Caribbean.Alexander Sarris, FAO's Director of Commodities and Trade Division, was quoted by journalists as saying, "The FAO estimates that if prices of the 10 most important, in terms of export value, agricultural commodities which were exported by the developing countries had risen in line with inflation since 1980, these exporters would have received around $112 billion more in 2002 than what they earned."

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Sport Spread Betting Sarris said that figure ($112 billion) represented double the amount of development aid distributed worldwide.

Low Spread Forex Trading The FAO pointed to U.S. agricultural subsidies for cotton as an example of how prices are effected worldwide, saying that if the US were to reduce subsidies that it would effect poorer countries who rely on stable market conditions to support their agricultural commodities export.

Trading Spread And Seasonals The FAO report called for a reduction of market distortions by the richer nations. It urges the World Trade Organization negotiations to give priority to reducing agricultural tariffs, producer support and export subsidies in developed countries.

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