Farm investments need to rise to beat hunger

decrease font size  Resize text   increase font size       Printer-friendly version of this article Printer-friendly version of this article

Investment in agriculture must increase substantially to reduce hunger in a world struggling with high and volatile food prices, the United Nations food agency said in a report on Thursday.

About 870 million people, or one in eight of the world's population are chronically undernourished, the U.N. said this year. Eradicating extreme hunger is among the U.N. Millennium Development Goals, or MDGs, to tackle global poverty.

Governments can spur farmer investments by ensuring property rights are respected, improving rural infrastructure and encouraging the formation of producer cooperatives, the Rome-based Food and Agriculture Organization (FAO) said.

"Farmers must be central to any strategy for increasing investment in the sector," FAO said, adding on-farm investment, or spending by farmers, is more than three times as large as all other sources of investment combined, including foreign and government contributions.

In The State of Food and Agriculture 2012 report, FAO warned levels of private and public investment per worker in agriculture are stagnant or falling in regions where rural poverty and hunger are most severe.

Poor governance, high levels of corruption and high taxation of agriculture are among the many hurdles that reduce incentives for farmers to invest in the sector.

FAO also said that large scale investments offer opportunities for employment and technology transfer but governments and companies must ensure local people benefit and that land transfers are conducted in a transparent and fair way.

UN-backed global guidelines on responsible land use won international consensus this year after three years of debates, stepping up efforts to regulate land-grabbing by large foreign investors in Africa and Asia and boost food security.

The guidelines include promoting equal rights for women in securing title to land, creating transparent record-keeping systems accessible to the rural poor and protecting traditional land rights.

Aid groups including Oxfam have warned that high food prices, bolstered by severe droughts in the United States and Black Sea food basket regions this year, could reverse progress in reducing hunger over the past two decades. (Reporting by Catherine Hornby; editing by James Jukwey)

Buyers Guide

Doyle Equipment Manufacturing Co.
Doyle Equipment Manufacturing prides themselves as being “The King of the Rotary’s” with their Direct Drive Rotary Blend Systems. With numerous setup possibilities and sizes, ranging from a  more...
A.J. Sackett Sons & Company
Sackett Blend Towers feature the H.I.M, High Intensity Mixer, the next generation of blending and coating technology which supports Precision Fertilizer Blending®. Its unique design allows  more...
R&R Manufacturing Inc.
The R&R Minuteman Blend System is the original proven performer. Fast, precise blending with a compact foot print. Significantly lower horsepower requirement. Low inload height with large  more...
Junge Control Inc.
Junge Control Inc. creates state-of-the-art product blending and measuring solutions that allow you to totally maximize operating efficiency with amazing accuracy and repeatability, superior  more...
Yargus Manufacturing
The flagship blending system for the Layco product line is the fully automated Layco DW System™. The advanced technology of the Layco DW (Declining Weight) system results in a blending  more...
Yargus Manufacturing
The LAYCOTE™ Automated Coating System provides a new level of coating accuracy for a stand-alone coating system or for coating (impregnating) in an automated blending system. The unique  more...
John Deere
The DN345 Drawn Dry Spreader can carry more than 12 tons of fertilizer and 17.5 tons of lime. Designed to operate at field speeds up to 20 MPH with full loads and the G4 spreader uniformly  more...
Force Unlimited
The Pro-Force is a multi-purpose spreader with a wider apron and steeper sides. Our Pro-Force has the most aggressive 30” spinner on the market, and is capable of spreading higher rates of  more...
BBI Spreaders
MagnaSpread 2 & MagnaSpread 3 — With BBI’s patented multi-bin technology, these spreaders operate multiple hoppers guided by independent, variable-rate technology. These models are built on  more...

Comments (0) Leave a comment 

e-Mail (required)


characters left


Made of high quality 304 stainless steel, the Quickveyor is one of the strongest trailers on the market. It’s belt ... Read More

View all Products in this segment

View All Buyers Guides

Feedback Form
Feedback Form