Report Shows Uncertainty Harming Farmers
Trade and regulatory uncertainty is hampering U.S. Farmers. The Global Harvest Initiative released its 2017 GAP reports, or Global Productivity Report. The report shows that for the fourth straight year, global agricultural productivity growth is not accelerating fast enough to sustainably feed the world in 2050. Meanwhile, the report says uncertainty about trade opportunities and regulations complicates planning for U.S. farmers and industry.
The study says global agricultural productivity must increase by 1.75 percent annually to meet the demands of nearly 10 billion people in 2050. The annual assessment of global productivity growth, the GAP Index, shows the current rate of growth is only 1.66 percent, globally. The report was announced Wednesday during an event in Des Moines, Iowa. Find the report online at http://www.globalharvestinitiative.org/.
Story source: NAFB News Service