Local view for "http://purl.org/linkedpolitics/eu/plenary/2010-11-11-Speech-4-101"
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"en.20101111.5.4-101"2
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"There are many reasons for the crisis in the livestock sector. Those who say that one reason is the unfair competition caused by imports and mention the dangers of the Mercosur negotiations are right. I wish to raise the issue of the surge in grain prices. It was foreseeable that grain prices would rise, and I have said this several times here in the European Parliament too. The European Commission has done nothing to prevent this. One reason for this problem is the reduction in intervention, which was a serious mistake. We must wake up to the fact that global grain trade is concentrated in the hands of fewer and fewer companies. Incidentally, the same thing is happening in many of the EU Member States. The European Union decided not to keep emergency stocks, a decision which will further increase speculation in the future.
The fluctuation of grain prices causes losses not only to grain producers but also to livestock breeders and consumers. In addition to this, the costs are also borne by European taxpayers. Remember that the European Union sold the 2004/2005 intervention stocks at an enormous profit. Grain prices were low in the past period. If the European Union had intervened then, a huge profit could now be realised from the sale of grains, which would also help livestock breeders. However, we have no such stocks, and this is not only bad for producers and consumers, but it also means that the European Union is deprived of the opportunity of providing aid to countries afflicted by famine, such as Pakistan."@en1
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