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Proceedings of the Second Ministerial Meeting on International Food Prices Proceedings of the Second Ministerial Meeting on International Food Prices FAO Headquarters Rome 7 October 2013 Food and Agriculture Organization of the United Nations PROCEEDINGS OF THE Second Ministerial Meeting on International Food Prices FAO Headquarters Rome 7 October 2013 FOOD AND AGRICULTURE ORGANIZATION OF THE UNITED NATIONS Rome 2013 The designations employed and the presentation of material in this information product do not imply the expression of any opinion whatsoever on the part of the Food and Agriculture Organization of the United Nations (FAO) concerning the legal or development status of any country, territory, city or area or of its authorities, or concerning the delimitation of its frontiers or boundaries. The mention of specific companies or products of manufacturers, whether or not these have been patented, does not imply that these have been endorsed or recommended by FAO in preference to others of a similar nature that are not mentioned. The views expressed in this information product are those of the author(s) and do not necessarily reflect the views or policies of FAO. ISBN 978-92-5-108045-0 (print) E-ISBN 978-92-5-108046-7 (PDF) © FAO, 2013 FAO encourages the use, reproduction and dissemination of material in this information product. Except where otherwise indicated, material may be copied, downloaded and printed for private study, research and teaching purposes, or for use in non-commercial products or services, provided that appropriate acknowledgement of FAO as the source and copyright holder is given and that FAO’s endorsement of users’ views, products or services is not implied in any way. All requests for translation and adaptation rights, and for resale and other commercial use rights should be made via www.fao.org/contact-us/licence-request or addressed to [email protected]. FAO information products are available on the FAO website (www.fao.org/publications) and can be purchased through [email protected]. The outlook for international food commodity markets finally looks calmer this year. Grain production has rebounded and higher stock-to-use ratios should bring greater stability to prices. The FAO Cereals Price Index is around 20 percent lower than one year ago. But the food price challenges are far from over. Table of contents Foreword .......................................................................................................................................................... i Acknowledgements .........................................................................................................................................iv Agenda ...............................................................................................................................................................v Note on the Ministerial Meeting ....................................................................................................................vi Part one: Statements delivered at the meeting FAO ................................................................................................................................................................ 02 United States of America .............................................................................................................................. 05 European Union ............................................................................................................................................. 07 Albania ............................................................................................................................................................ 11 Algeria ............................................................................................................................................................ 13 Argentina ........................................................................................................................................................ 23 Azerbaijan ...................................................................................................................................................... 27 Belgium .......................................................................................................................................................... 33 Brazil .............................................................................................................................................................. 36 Bulgaria .......................................................................................................................................................... 40 Costa Rica....................................................................................................................................................... 42 Cyprus ............................................................................................................................................................ 49 Egypt ............................................................................................................................................................... 51 El Salvador ..................................................................................................................................................... 57 France ............................................................................................................................................................. 61 Greece ............................................................................................................................................................ 67 India ................................................................................................................................................................ 69 Islamic Republic of Iran ................................................................................................................................ 71 Italy ................................................................................................................................................................ 73 Japan .............................................................................................................................................................. 77 Lithuania......................................................................................................................................................... 80 Madagascar.................................................................................................................................................... 81 Malta ............................................................................................................................................................... 85 Mauritania ...................................................................................................................................................... 86 Republic of Moldova ...................................................................................................................................... 90 Niger ............................................................................................................................................................... 92 Peru ................................................................................................................................................................ 98 Portugal ........................................................................................................................................................ 104 Republic of Korea ........................................................................................................................................ 106 Sri Lanka ...................................................................................................................................................... 108 Thailand ........................................................................................................................................................ 110 Timor-Leste ................................................................................................................................................. 112 Uganda ......................................................................................................................................................... 115 Ukraine ......................................................................................................................................................... 119 Part two: Written statements Germany ....................................................................................................................................................... 124 Hungary ........................................................................................................................................................ 128 Kenya ............................................................................................................................................................ 130 Spain ............................................................................................................................................................. 134 Dominican Republic .................................................................................................................................... 139 Note: Statements in original language are incorporated in this book. Foreword fter three price spikes in the last five years,
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