The State of Agricultural Commodity Markets (SOCO) 2022 Edition — Transcript
Full transcript
- 0:00people have always traded food with one
- 0:03another
- 0:04trade moves food from where it's
- 0:05produced to where it's needed
- 0:07[Music]
- 0:09it helps many countries access higher
- 0:11quantities and more diverse foods than
- 0:13they can produce sustainably
- 0:18trade contributes to food security
- 0:20healthy diets and promotes efficiency
- 0:22and overall growth
- 0:24the 2022 edition of the state of
- 0:26agricultural commodity markets examines
- 0:28the geography of food and agricultural
- 0:30trade and explores how multilateral and
- 0:32regional trade policies can contribute
- 0:34to sustainable development
- 0:36what's clear is that global food and
- 0:38agricultural markets are more resilient
- 0:39than two decades ago
- 0:42food and agricultural trade has expanded
- 0:44rapidly with trade links between
- 0:46countries increasing
- 0:48[Music]
- 0:50the global food and agricultural market
- 0:52is also less concentrated
- 0:54but imbalances remain
- 0:57some countries trade more than others
- 0:59because
- 1:00the agricultural productivity gap
- 1:02between richer and poorer countries is
- 1:04still enormous
- 1:06trade costs can be significant
- 1:08and natural resources needed to produce
- 1:11food are unevenly distributed
- 1:16multilateral and regional trade
- 1:18agreements can make a difference
- 1:20multilateral trade integration in
- 1:22particular remains the most efficient
- 1:24way to foster growth ensure food
- 1:26security and better nutrition for all
- 1:28and make trade work for sustainable
- 1:30development to be effective trade
- 1:32policies need to
- 1:34safeguard global food security and
- 1:36nutrition
- 1:37address trade-offs between economic
- 1:39social and environmental objectives and
- 1:42strengthen the resilience of global
- 1:44agriculture systems to shocks such as
- 1:46conflicts pandemics and extreme weather
- 1:51with targeted policies in place food
- 1:54trade can help build a more sustainable
- 1:56world for better production better
- 1:58nutrition a better environment and a
- 2:00better life for all
- 2:02leaving no one behind
- 2:07[Music]
- 2:17you
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