Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-02-16-Speech-3-409-000"

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"en.20110216.15.3-409-000"2
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". Madam President, Commissioner, as in 2008, the price of agricultural raw materials is soaring on world markets. We are only at 3% of the 2008 level. The fall in production in certain traditionally exporting areas due to climate change, the diversion of cereals to biofuel production and the financial speculation accentuating the price rises are responsible for this situation, as evidenced by the reports of the International Monetary Fund (IMF) and the French authorities, and as also indicated by the Commission. The consequences of this new food crisis are exacting a heavy toll on the 1.2 billion people in the world who live on less than USD 1.5 a day. Since October, 44 million more people have joined those who live below the poverty line. Just two days before the meeting of the G20, what is Europe waiting for before it takes measures similar to those voted in favour of by the United States? Since 13 January 2011, the US administration has demanded the limitation and the transparency of the positions taken by the financial funds on the agricultural commodities markets. This is a first step towards countering the appetites of the speculators. The impact is also dramatic for European farmers. They are no longer able to feed their animals. Hundreds of farms have gone bankrupt. Five years ago, wheat was worth EUR 100 per tonne; today it is traded at close to EUR 300. This is a whole new ball game. The Commission is demanding that farmers adapt to market signals. It would do well, today, to follow its own advice. Faced with this crisis, the European Union cannot wait until 2014 to find solutions. The crisis must be confronted and I propose three concrete actions. Firstly the immediate creation, in the relevant countries, of cereal stocks to be made available to farmers at a subsidised price. Secondly, the indexation of meat prices paid to farmers to fodder prices. Thirdly, for 2011, a mechanism for transferring part of the aid directed at supporting cereals towards livestock farming."@en1
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