Ag investment a top priority: F20

18 Nov, 2014 01:00 PM
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Global Youth Ag-Summit ambassador Corbin Schuster discussed sustainability and reusing nutrient waste.
In this challenge we are faced with finite resources of land and water
Global Youth Ag-Summit ambassador Corbin Schuster discussed sustainability and reusing nutrient waste.

INCREASED investment in agricultural research and development, storage capacity and logistics will be critical in feeding the world sustainably by the year 2050, the inaugural Rabobank F20 (Food) Summit found.

The F20 – attended by more than 650 farmers and international agribusiness industry participants in Sydney, Australia, ahead of the G20 Leaders’ Summit last week – called for an urgent focus on increasing research and development and improving storage and infrastructure around the world in the challenge to almost double global food supply by 2050, to feed a forecast population of nine billion people.

Improving education and access to information on food and agriculture and addressing imbalances in market power across food supply chains were also identified as crucial elements in increasing world food availability.

Solutions to better availability of food

Key point: Increased government investment in R&D to improve productivity.

Rabobank executive board member Berry Marttin told the summit that, with the world’s population projected to increase by another two billion people by 2050, food production would have to increase by 60 per cent in order to meet demand, particularly with a fast- increasing ‘middle class’ in Asia.

“However, in this challenge we are faced with finite resources of land and water,” he said.

“Identifying solutions as to how we manage these limited resources in a sustainable way – while increasing food availability and access and improving nutrition and food stability – are key challenges for the food and agribusiness sector and governments into the future.”

Responsibility for driving better availability of food

Key point: Food and agricultural industry to take responsibility for making food more available.

Mr Marttin said the F20 called for “collective solutions under a shared responsibility”.

“Addressing this challenge is a shared responsibility between the world’s political and food and agribusiness leaders,” he said, “however it is crucial that farmers, who after all are the ones producing this food, have a ‘strong voice at the table’.”

Conclusions from the F20 Summit will be presented in a memorandum to the 2015 G20 program, building on the 2014 G20 framework on global food security.

Among the key summit findings were the need for:

  • Increased investment in government R&D to improve agricultural productivity
  • Improved infrastructure and logistics to increase food availability and minimise food loss and wastage
  • Support for public private partnerships to enhance commercialisation of R&D
  • Improved access to finance for primary production, particular in developing regions
  • Addressing imbalances in market power, and greater horizontal and vertical integration, in food supply chains
  • Education to bridge consumer and farmer knowledge gaps and to increase nutritional awareness.

  • Visitors at the Rabobank F20 Summit share their thoughts on food security.

    Attended by leading international and Australian farmers, as well as representatives of government, industry, academia and advocacy groups, the F20 Summit heard from a range of international keynote speakers discussing the themes of increasing food production, improving access to food, encouraging balanced nutrition, and strengthening stability in markets and production chains.

    Speakers included the Deputy Director-General, Agro and Food, from the Ministry of Economic Affairs in the Netherlands Roald P. Lapperre on ‘Building Private-Public Partnerships for Food Security’ and AACo chairman Donald McGauchie on ‘Creating Winning Supply Chains’.

    The Summit also heard from FAO Deputy Director General Daniel Gustafson, who spoke by video address, highlighting the FAO’s appreciation of “the unique opportunity of the F20 for the global food and agribusiness community to unite, to raise awareness and propose solutions to world leaders”.

    Leading international farmers presented key outcomes of the Global Farmers Master Class, highlighting the important issues around farm succession, social enabling, sustainability and imbalance in supply chains, as well as the opportunities around big data to improve yield and social media to connect consumers and new distribution models.

    Chilean dairy farmer Ricardo Rios Pohl (pictured below) spoke on how he had successfully transformed his farming operation using knowledge learned from the New Zealand dairy industry.

    Other F20 speakers included:

  • Science communicator Julian Cribb on the ‘Age of Food – Healthy, Sustainable, Sufficient’
  • Sense-Co CEO Ros Harvey on the use of technology in agriculture
  • Managing director of Netherlands-based plant health diagnostics company ClearDetections Dr Renske Landeweert on the future of soil analysis
  • National Farmers' Federation president Brent Finlay on uniting farmers globally
  • International social media specialist Danny Mekic on the use of social media in food and agriculture
  • Dr Alan Barclay, chief scientific officer with the Glycemic Index Foundation on the nutrition topic ‘Are We Eating Ourselves to Death’
  • Professor Peter Warr, director of the Poverty Research Centre on ‘Why Ending Hunger is So Hard’
  • Youth Food Movement founder Alexandra Iljadica and young farmer and Global Youth Ag-Summit ambassador Corbin Shuster on the youth perspective
  • Rabobank general manager Food & Agribusiness Research and Advisory Australia & New Zealand Luke Chandler on ‘Embracing Innovation to Unleash the Potential of Global F&A’ and
  • Dr Jim Woodhill, from Australia’s G20 Taskforce on Food Security and Nutrition.
  • MEET THE SPEAKERS

    Date: Newest first | Oldest first

    READER COMMENTS

    Qlander
    19/11/2014 9:13:35 AM

    Interesting that the one solution that is fundamental to everything else is not mentioned. PAY THE PEOPLE WHO GROW THE FOOD A FAIR RETURN.
    Bushie Bill
    19/11/2014 1:56:18 PM

    Where in your philosophy, Qman, does the market (you know, that supply and demand thingy that we often talk about but agsocs do not understand) come into play?
    Qlander
    20/11/2014 11:55:33 AM

    Hmmm these guys are the ones talking about wanting more food, Bushie. The solution is simple, if you pay for it, people will produce it.
    John Hine
    20/11/2014 4:03:58 PM

    Re R&D spending, we need a different model, we now have science driven r&D, we need more business driven R&D. What about cutting levies in half and allowing farm businesses access to R&D tax concessions? That would really drive business-led R&D.
    newbroom
    23/11/2014 4:13:12 PM

    R&D is like motherhood and apple pie. It is too vague. What is required is a detailed dialogue about the responsibility of researchers to ensure that their work is practical and can be taken up by investors. It is not acceptable to have government departments running around feathering their nest and accepting funds when they are mainly tax payer funded. Too many non outcomes. Toughen up and hold researchers to account. No value, return the money!
    Bushie Bill
    24/11/2014 5:49:04 AM

    Qman, that is what a market is; the matching of supply and demand with the minimum of external restrictions and interference. There is no shortage of food in the world today. Give me one good reason why rational Australian consumers should pay one cent more than necessary to source the food products they want from anywhere in the world. If you want your expansion to be supported and financed by Australian consumers volunteering to be your bankers, you are in dreamland. If you want foreign consumers to finance your expansion, get into convincing them of your superior products.
    Bushie Bill
    24/11/2014 5:59:53 AM

    If you want to force Australian consumers to pay more by interfering with their right to access food from anywhere in the world by imposing artificial restrictions and imposts on foreign food, talk to your political representative and convince him to have the laws changed. However, you should be aware that the only politicians who would give you a nanosecond of their time on this are the ones the general community regard as total ratbags and would be laughed all the way to the unemployment queues. You are in world competitive industry, where success is not a function of the wage system.

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