According to calculations by the United Nations Food and Agriculture Organization of the United Nations (FAO) and World Bank, food prices have now reached record levels and likely to rise even higher.
Entering 2011, only some of the world food prices rose 28.3% from mid-2010, in which grain prices to rise to 44.1% are concerned about a food crisis possible approaches.
A series of unusual climate has put pressure on food prices, such as severe droughts in Russia, floods in Australia, cold winter in the U.S. and floods engulfed palm fields in Malaysia. Agricultural product price increases this occurred only three years after the latest crisis in 2008.
At the seminar "The impact of rising food prices on the economy and livelihood of farmers in Vietnam", held recently by the Institute of Policy and Strategy for Agriculture and Rural Development (Ministry of Agriculture and Rural Development) group officials, experts said: The situation of rising food prices are now not just the rise of the food crisis in 2007-2008.
Rising food prices in 2008 is due to the restructuring of investment, the phenomenon of the agricultural products of the financing, in addition to the impact of political, policy tightening export drought, crop failure in some countries ... But at the moment, food prices are not unusual signs, ensure supply is good, no sign of speculation, or export restrictions. There will be no food crisis.
The world is running out of food cheap, but still potentially abundant food supply, only that the potential is untapped. The phenomenon of short supplies of food locally available today is derived from mistakes of some of the Government, development organizations and donors in nearly three decades in reducing the investment of resources in agriculture.
Not only food, but the price of coffee, cocoa, seafood, rubber and other agricultural products are priced higher. Agricultural exports would bring about a much bigger source of money for the exporting country, this is a good opportunity to increase income for farmers and the redistribution of social welfare.
Currently Vietnam’s rice export price reached 5% broken 520 USD per tonne, higher than the same period last year $ 80. As forecast, the world’s rice exports this year will rise more than 15% over the previous year and Vietnam is expected only to India with an increase of nearly 38% compared to 2010.
However, in Vietnam, not everyone can have rice to sell that many people have to buy rice. So just enjoy how to profit from rising prices for rice production, especially farmers just prices curb growth in the domestic market. Long-term problems that Vietnam must have a new agricultural strategy to help farmers overcome difficulties and have opportunity to increase rice exports.
According to the Center of policy advice agriculture, sustainable path to escape poverty in both urban and rural economic structural shift economic output, led by higher agricultural productivity, advances migration of labor from farm to slow the plant, and growth of service sector based on knowledge and skills.
But according to experts, now is the time really stable and favorable to the policy makers aim to further, longer-term look. Vietnam should focus on building high-tech agriculture, promoting research and development technology and machinery for agriculture, a strategy must be directed to best quality agricultural.
This is the effective way, by investment in agriculture is not too expensive, on average $ 120 million investment from now to 2020, will help increase productivity and rice yield 8.5% more ...