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Global Perspective on Food Security

10 November 2010

AUSTRALIA - The head of one of the region’s major grains traders will provide a unique overview of the future of grains trading in a global marketplace at the International Grains Forum to be held in Perth next month.

Vijay Iyengar is the founder and managing director of Agrocorp International Pte Ltd, a niche trader in the world grain market.

Agrocorp International is active in grain markets in South Asia, South East Asia, China and the Middle East, sourcing grain from the Ukraine, Russia, Australia, Canada, the US and South America.

Mr Iyengar’s presentation on Wednesday, 8 December will explore the impact of globalisation on grain supplies and demand.

“I would like to say that on a macro basis, growing urbanisation, increasing consumption, climate change and the availability of water resources are the main issues impacting on grain supply and demand,” he said.

Mr Iyengar will also stress that global food security is one of the most important issues that the world will have to deal with in the next 20 years.

“I would put the emphasis on the word ‘global’,” he said. “I think that the world will have to think as one in the future. Often individual countries have tended to put their own individual food security ahead of global responsibilities, often resulting in distorting markets.”

The International Grains Forum will be held in association with the 32nd Session of the London-based International Grains Council (IGC).

The IGC is the intergovernmental organisation responsible for administering the Grains Trade Convention (1995), which encourages international cooperation in grains trading to promote market stability and enhance food security.

The International Grains Forum is a valuable opportunity for growers, traders, millers, terminal operators and government representatives to network with a diverse range of people in the grains industry.

A field tour of local grains facilities and a nearby farm will also be available to participants following the forum, which is open to the public.

For more information about the International Grains Forum and the Field Tour, or to register, click here.

TheCropSite News Desk

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