Local view for "http://purl.org/linkedpolitics/eu/plenary/2007-09-25-Speech-2-457"
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"en.20070925.36.2-457"2
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"Madam President, it is true that cereal stocks have decreased in recent years and we have already heard some reasons relating to the current climate – increasing consumption in emerging countries, adverse climate conditions in producer countries or production being reserved for internal consumption in exporting countries. Neither can we forget the impact of certain speculative movements on the markets concerned, such as Paris or Chicago. All of these issues have contributed to prices reaching historic highs.
However, according to data from the International Cereals Council, in addition to the problem of supply there is a problem of reserves: global reserves, which are below 17%, which according to the FAO guarantee food security, and Community reserves, which are practically exhausted in a market with prices that are above international levels.
In my opinion, Commissioner, in view of the health check we should think about the role in this crisis of the disappearance of the Community instruments to regulate the market.
The European Union is obsessed with the costs of managing stocks and the pressure from the World Trade Organization; it has reoriented its agriculture policy towards containing production and liberalising the markets and has turned its back on producers and consumers, abandoning the fundamental principal of the CAP: guaranteeing self sufficiency."@en1
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