Case IH Power Tab

Farm Futures
   Search Site:   Saturday, May 26, 2012 | Bookmark This Site   
Skip Navigation Links
Home
Markets
News
Weather
Farm Futures NOW!
Magazine Online
RSS News
Land For Sale
Mobile
Subscribe
Reprints
Register
Login
About Us
Advertise
 
Share This
 

USDA Supports G20 Action Plan

Science-based rulemaking systems among the international community is stronger than ever.
Compiled by staff 
Published: Jun 24, 2011

The G20 Ag Ministers have established a plan of action to address food security and food price volatility and are launching an International Research Initiative for Wheat Improvement to help nations coordinate research efforts on the crop. Agriculture Secretary Tom Vilsack, who is leading the U.S. delegation, made the following statement Thursday on the G-20 Action Plan to address food security and food price volatility:

"The consensus reached today by the G-20 Agricultural Ministers marks an historic union of resolve in combating the pressing challenges of hunger and food price volatility confronting our world with greater regularity. Together, the G-20 nations are committed to increasing agricultural production through use of improved practices and technologies and a commitment to new and expanded research and development. To that end, we support the launch of an International Research Initiative for Wheat Improvement to help nations coordinate research efforts on this crucial staple crop.

"Moreover, we recognize the need for participation in global agricultural monitoring systems and early warning systems to improve crop production projections and weather forecasting, and we call upon international organizations to create links between existing global, regional and national systems. The need for market transparency and consistency with science-based rule-making systems among our nations and the international community is stronger than ever. Purposefully then, we support establishing the groundwork for an international agricultural market information system, or AMIS, that if fully supported and utilized, will mitigate volatility and reduce market distorting signals by promoting greater shared understanding of food production and price information.

"We have also reaffirmed our opposition to erecting trade barriers through export bans. In particular, we recognize that food export bans restricting humanitarian aid penalize the most needy. Significantly, the G-20 members agree to remove food export restrictions for food purchased for humanitarian purposes. Furthermore, our work to support innovation in the development of non-food feedstocks and next generation renewable fuels will continue to help offset instability in the energy market, which accounts for the bulk of food and commodity price fluctuations in the past decade.

"In the end, this agreement is only as good as the actions we take together to aggressively confront food security's difficult challenges, but our cooperation as reflected today is a significant achievement for the nearly one billion people grappling with hunger each day."



Permalink: Click here

Tagged: food security, wheat, hunger, next generation

Comments
Read comments from others and share your own thoughts.
Please provide the answer to the following question:

 = 
 
Search this site:   

Read More Stories
USDA Seeks Comment on Report Timing
Read this storyWith new market hours,USDA is looking into the right time to release information to the market.
Read this story

Weekend Forecast Changes Pivotal for Grain Futures
Read this storyEurope remains a concern, but the big driver on Tuesday will likely be the state of next week’s anticipated Midwest rains.
Read this story

Farm Markets Rise Ahead of Holiday
Read this storyOvernight boost based on positive comments from Europe aimed at pressuring Germany.
Read this story

 
USDA Seeks Comment on Report Timing
Afternoon Recap by Arlan Suderman
Weekend Forecast Changes Pivotal for Grain Futures
The Buzz: Grain Market Chaos Continues
Weekly Fertilizer Review
Morning Call by Bryce Knorr
Satellite Imagery Shows the Good and the Bad
CRP Signup Results Announced
Livestock Call By John Otte
Farm Markets Rise Ahead of Holiday
Top 50 Tags
4-H afternoon recap American Farm Bureau Federation American Soybean Association animal health arlan suderman biodiesel biofuels bryce knorr BSE Bushel checkoff cotton Drought Environmental Protection Agency EPA ethanol Extension extension service farm farm bill Farm Bureau farm futures farm futures magazine farm futures market farm progress Farm Service Agency farmfutures farmfutures.com farming farmprogress.com fertilizer FFA free trade agreement Harvest insurance labor legal National Cattlemen's Beef Association National Corn Growers Association NCGA soybean soybean association soybeans SURE usda wheat winter wheat www.farmfutures www.farmfutures.com