Food Security Calls for Transparent Trade

Published on 6th June 2011

Are farmers in Africa Disconnected from Market Signals?

The International Fund for Agricultural Development (IFAD) pointed out in 2008 that increased food prices were attributable to a fall in cereal production due to bad weather, low stock levels, petroleum prices, increased demand for bio-fuels, economic growth in emerging economies and trade policies banning food exports (IFAD; accessed May 24, 2011). In their communiqué early this month, the Asia – Pacific Economic Cooperation (APEC) called for an open and transparent trade to promote food security  (APEC.org; accessed May 24, 2011). APEC noted that information sharing on market conditions and right market based price signals to farmers drive up production and investment decisions.

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