FAO provides slight drop in food prices, but will continue to volatility

The director-general of the Organization of the United Nations agriculture and food (FAO), the Brazilian José Graziano da Silva, said today that expected slight declines in the price of food, although it was noted that volatility will remain.

Graziano was speaking today during his first appearance before the press since assuming the post of director-general of FAO, which happens to the Senegalese Jacques Diouf.

The new director of the FAO stated that it is predicted that prices "will not rise in the sense that have increased in the past two years, although not a reduction is expected in 2009".

, Stressed that you are expected to register cuts although "not sharp", at the time stressed that "the volatility will remain.

attributed the volatility to the lack of economic stability that exists at the global level and that many important, especially cereal growers, have been u000aaffected by floods and natural disasters, which affects the present production and futura.

Responsible for FAO stressed that the "balance between consumption and production will continue to be close" and stated that if it fails to improve production in 2012, "we will be faced with a low level reservations", a phenomenon which is the "base" of the speculation.

, Graziano commented that you don't expect "dramatic growth of hunger", at the time that emphasized that we are already at a dramatic level with nearly 1 billion people hungry in the world.

He added it is expected that in some countries the growth of starving people is lower, while in other areas such as Asia or Africa not to be so, because in these regions are expected gains significant.

La FAO expects to be "closer" to these areas through a series of measures to enable it to be more effective and decentralised, explained u000aGraziano.

On 2012 and the economic crisis worldwide and the impact that a situation of recession could have on the worst hit by food insecurity, Graziano stocks looked not that reductions in funds that will receive the FAO part of the more advanced countries, if not there are that, in any case, you will see an effect of it on an increase in the number of people who need help.

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