Inclusive Growth, Creating Jobs is the theme of the 24th World Economic Forum (WEF) on Africa, taking place May 7 – 9, in Abuja, Nigeria.
Jim Borel, DuPont Executive Vice President, will participate in the WEF panel, New Solutions: Growing Jobs from the Ground Up, to share insights on the DuPont approach to innovative solutions in agriculture.
Friday, May 9, 2014
9:00 – 10:15 am (WAT)
Follow the link to watch the live video stream: http://www.weforum.org/videos/new-solutions-growing-jobs-agriculture
Engage with the World Economic Forum on Africa. Follow the sessions, find out what participants are talking about and join in the conversation using the official Twitter hashtag #wefafrica.
Recently, the Global Harvest Initiative (GHI) released a report, The Next Global Breadbasket: How Latin America Can Feed the World, which reviews the potential of increasing sustainable ag in the region.
In the report, GHI in partnership with the Inter-American Development Bank, outlines the potential that exists across the Latin America and the Caribbean region for a more productive and environmentally sustainable ag system, the obstacles and challenges that stand in the way of realizing that potential, and how private and public sectors can move forward together.
Included in the paper, how DuPont is working with smallholder dairy farmers in Latin America to reduce milk waste at dairy farms and to help them produce quality cheese more consistently and hygienically. DuPont™ Danisco® Marschall® brand rennet is a complex enzyme in a simple tablet form that modifies milk protein to form a curd and make cheese. Local DuPont employees work collaboratively with Latin American farmers to implement this technology on their smallholder operations to bring stability and profitability to rural regions.
DuPont is proud to support the Global Harvest Initiative as it pursues solutions to feed the world.
Poor weather and geopolitical concerns are key factors, along with a 7.5 percent increase in cereals prices
Food security fell in nearly 70 percent of countries in the first quarter of 2014 as the global price of grains, sugar and other farm commodities rose at the fastest pace in 18 months, according to The Economist Intelligence Unit’s (EIU) Global Food Security Index (GFSI).
“Food prices jumped in February and March as the political crisis in Ukraine, an important grain producer, worsened,” said Leo Abruzzese, Global Forecasting Director for the EIU. “We haven’t seen much in the way of actual supply disruptions yet, but market prices move quickly on any hint of risk. Food prices have also been pushed higher by dry conditions in some key growing regions around the world.”
The Index, commissioned by DuPont to deepen the dialogue on food security, is prepared annually and evaluates the affordability, availability and quality of food across 107 countries. Each quarter, the Index is adjusted to reflect the impact of global food price fluctuations on each country’s food security. The adjustment is based, in part, on the quarter-on-quarter price change in the Food and Agriculture Organization of the United Nations (FAO) food commodity basket; prices climbed 3.4 percent in the three months ended March 2014 from the prior quarter.
- Rising global food prices pushed down food security for more than two-thirds of countries in the first quarter of 2014.
- Sugar and cereals prices rose the most over the past quarter, increasing by 8.1% and 7.5%, respectively.
- Geopolitical concerns contributed to rising wheat and corn prices.
Read the full update and learn more about the Index online, http://foodsecurityindex.eiu.com/.