Strong EU farm policy needed to deliver affordable food

Published: 18 January 2011 y., Tuesday

To secure supplies of affordable food, the EU must have a strong farm policy that discourages food commodity speculation and helps more young farmers to start up, said Parliament on Tuesday. With worldwide demand growing and 16% of EU citizens below the poverty line, access to food is an increasingly important issue.

The future common agricultural policy (CAP), now being debated by EU institutions, must ensure food security for all citizens, maintain the vitality of rural areas and guarantee food production throughout the EU, say MEPs in a resolution drafted by Daciana Octavia Sârbu (S&D, RO), and approved in plenary on Tuesday.

The future CAP must also ensure that citizens have access to adequate supplies for affordable food, help to disseminate information about healthy diets and improve conditions for programmes such as school fruit and school milk, add MEPs.

Fighting speculation

MEPs point out that food commodity derivatives differ from other financial products, and say that they should be traded only by those "who have legitimate interests in protecting agricultural merchandise against risks".

They argue that speculative behaviour accounted for up to 50% of recent price hikes, and note that wheat contract prices, for example, rose by 70% in only two months.

 

To ensure that financial instruments help farmers to overcome the crisis, rather than helping speculators to provoke extreme price volatility, Parliament calls for existing EU legislation on financial instruments to be revised, so as to improve trading transparency.

MEPs also endorse the actions taken to this end by the current G20 Presidency.

Incentives for young farmers

The new CAP must also do more for young farmers. Only 7% of EU farmers are under 35 years old, but 4.5 million EU farmers are to retire in the next 10 years. MEPs ask that measures be stepped up to attract young people into farming, such as installation premiums and subsidised interest rates for loans.

Global food security

MEPs propose the creation of a "targeted global system of food stocks", with some emergency stocks to reduce hunger and others to be placed on the market when price rises threaten affordability. This system could be managed by the UN or FAO, suggest MEPs, who call on the Commission to study how best to make such a system work.

Šaltinis: europa.eu
Copying, publishing, announcing any information from the News.lt portal without written permission of News.lt editorial office is prohibited.

Facebook Comments

New comment

     

 


Captcha
 

Associated articles

The most popular articles

Related videos

05/02/2014

Padėkime augti

A step forward for Serbia's relations with the EU

Parliament approved on Wednesday the EU-Serbia Stabilisation and Association Agreement, which needed the EP's consent as well as ratification by all Member States to enter into force. more »

Haiti: fragility of the state and political crisis worry MEPs

One year after the earthquake, Haiti is still in chaos, an emergency situation where rebuilding has barely begun, say MEPs in a resolution adopted on Wednesday. more »

Consumers: Cheaper, faster, easier ways to settle disputes without going to court

A Greek consumer was charged by his bank twice while shopping in London. A Greek ADR led to the bank refunding the second charge to the consumer. more »

EU humanitarian aid needs more funding and better co-ordination, say MEPs

The EU's humanitarian aid capability should be stepped up, by creating a European civil protection force, boosting funding and ensuring a clear division of labour between military and humanitarian bodies in crisis areas, says Parliament in a resolution voted on Tuesday. more »

Strong EU farm policy needed to deliver affordable food

To secure supplies of affordable food, the EU must have a strong farm policy that discourages food commodity speculation and helps more young farmers to start up, said Parliament on Tuesday. more »

Commission and UNCHR in act of support for Yemen's forgotten humanitarian crisis

The Commissioner for International Cooperation, Humanitarian Aid and Crisis Response Kristalina Georgieva arrives in Yemen today, together with António Guterres, the United Nations High Commissioner for Refugees. more »

EU and Serbia sign bilateral WTO accession agreement

The EU and Serbia have today signed a bilateral agreement on Serbia's accession to the WTO. more »

2011 EU-China Year of Youth: new horizons for cooperation and dialogue

Androulla Vassiliou, Commissioner for Education, Culture, Multilingualism and Youth and Wang Xiao, President of the All-China Youth Federation, will open the EU-China Year of Youth in Brussels today, in the presence of 200 young people from the EU and China. more »

Financial, Economic and Social Crisis Committee visits Portugal and Spain

The European Parliament's Special Committee on the Financial, Economic and Social Crisis will visit Lisbon and Madrid on 11 - 13 January to assess the impact of the debt crisis and debate possible ways out with national politicians, economic stakeholders, industry and social partners. more »

Australia floods swamp more towns

Flash floods and heavy rains wreak more havoc in Queensland. more »