Food price volatility
The European Parliament is voting today in plenary session on regulation standards for the implementation of the Financial Instruments Directive (MiFID II). CIDSE is calling on MEPs to either improve or reject the European Commission proposal as it only partly meets the requirement of the European Parliament to terminate scandalous and purely speculative transactions on food and raw materials.
Open Letter: The Committee on World Food Security must not allow itself to be captured by biofuels interest groups
The 40th session of the Committee on World Food Security (CFS), which will meet from 7th to 11th October, will be discussing recommendations on “Biofuels and Food Security”. This should be an important opportunity for the CFS to respond to the overwhelming evidence that the artificial demand for biofuels is undermining the right to food, causing significant increases in food insecurity, malnutrition1, and land-grabbing. The fast-growing demand for biofuels is largely the result of direct and indirect subsidies, including mandatory blending quotas and targets, especially in the EU and the Americas.
Op 22 augustus 2012 verscheen in de zakenkrant De Tijd een opiniestuk van Piet Vanthemsche, voorzitter van de Boerenbond, over het probleem van de stijgende voedselprijzen. Broederlijk Delen kan gedeeltelijk deze analyse bijtreden, maar legt toch andere accenten voor de oplossing ervan. (This is an opinion article in Dutch by CIDSE's Flemish member organisation Broederlijk Delen)
The record high food prices caused by drought in the world's biggest agricultural exporter should make us re-consider our relationship with food and the unsustainable system we have conjured up around it.