This post is quoted directly from the Sustainable Development Knowledge Platform.
Agriculture carries with it a number of inherent risks. Weather, pests and crop disease, and variable local and global markets are all out of a farmer’s control, making it difficult to generate stable income. While farmers in developed countries and large-scale farmers in emerging economies can hedge these risks through the use of credit, insurance, and other financial instruments, developing country farmers typically rely on more “traditional”, and less effective, risk management techniques because they lack access to formal financing options.
A person’s aspirations, or goals and targets for their future, can be a driving force in their life, providing motivation and guiding their choices. But when forming aspirations, all people dismiss some options for their future lives, and fail to even imagine other options or opportunities. Once formed, our aspirations can limit the possible futures we consider by focusing our attention on some future options and filtering out others.
On August 14, IFPRI and the Indaba Agricultural Policy Research Institute (IAPRI) held a Policy Forum on food and nutrition security in Zambia. The meeting was attended by 66 representatives of various international organizations and government ministries, including the Zambian Ministry of Agriculture and Livestock and the European Union.
The August edition of the FAO Monthly News Report on Grains was released today. The report covers ongoing global and regional trends in grain prices and policies. This month's edition covers bumper grain crops in China, the impact of imported European feed wheat on Asian corn markets, and declining production in Ukraine.
Global and regional experts will meet in El Salvador on September 10-11 to discuss new ways to enhance food and nutrition security in Central America.
India’s monsoon season is off to its weakest start in five years, sparking fears over the potential for drought and increased food prices throughout the country. During the first half of June, cumulative rainfall for India as a whole was 45 percent below average, according to the Ministry of Agriculture’s Department of Agriculture and Cooperation; India’s Meteorological Department is predicting that total monsoons this season will reach only 93 percent of the long period average.