Tim Benton, Humanitarian Aid, Rostock discussed on The Food Chain - Stockpiles? What Stockpiles?

Automatic TRANSCRIPT

Professor tim benton is deemed for strategic research initiatives at the university of leads in the uk tariff paid by you should reasons for hovering stockpiles the first one is put of the end of haavisto old grinders into storage and then it gets older woman unscom yearend stroke those earned by the market as emergency stocks for humanitarian aid the rostock's that governments hold in case something goes wrong with food supply food security stocks of buffer stocks and then never stocks the government's hold which are particularly to underpin food availability for the poll so right now he's holding the largest stockpiles china has a pretty impressive stockpile of rice wheat corn soya sugar india has quite a lot there are some regional stock holdings held by the asean countries and west africa the united states in the major grain exporters have an awful lot of stalk it's just not in public stock holdings it is in the market to what extent several 30's and develop twelve neath away from houghton physical reserves of food very largely i would say our entire supply chain in the developed world has moved from ah warehouse culture to adjust in time culture and storing food in a physical store it's very costly you some reason estimates suggest point five to two percent of gdp is what it costs to you store a bufferstock for food security purposes for your country say if you live in a liberalised market economy than the expectation is that the market would pick up that function of storing style can move the food that is already o in the world look aldington eat what we see happening in the developing loud certainly since the food price spikes of the last decade that has been an increase in stockholding as countries.

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