Tuesday, October 11, 2011

Southeast Asia flooding or increase food grain exports fell

By the tropical monsoon, more than two months straight, Southeast Asian countries suffered the most serious floods in half a century. Since a large number of flooded rice fields, the floods will have a direct impact on international rice prices soar.

$ 2 billion loss in Thailand
Thai Finance Minister, said pulling guess 10, sustained more than two months of losses caused by floods to Thailand is expected to reach 60 billion baht (about $ 1.94 billion), equivalent to 0.6% of GDP. Tira guess, said: "These are just preliminary estimates, because the flood will bring more losses, but I think the loss will not be higher than the Economic and Social Development Committee of the forecast."
Vietnam Mekong floods killed 24 people
10 Vietnamese disaster officials say the flood of new Vietnamese Mekong region caused six people were killed, so this round of flood deaths reach 24. Disaster officials say 24 dead in 21 children - mostly drowned by the flood. Disaster prevention department expects, floods caused direct economic losses of more than $ 44 million.
Flooding led to 207 deaths in Cambodia
Cambodia's first vice president of national disaster committee, said Ning Wanda 10, nearly two months to domestic disasters caused by floods, 207 people died nationwide in Cambodia, more than half of them children, affected population of about 1.2 million.
Floods pushed up food prices
Massive floods destroyed large tracts of rice-growing areas of Asia, may lead to further increases in food prices, increase the region's poorest farmers burden. Officials said that Thailand, Vietnam, Cambodia and Laos about 1.5 million hectares of rice fields has been the worst flood to destroy, or at risk. Experts believe that a great loss to the Mekong River Basin will lead to an international rice prices soar.
Thailand is the world's largest rice exporter. Officials said Thailand has about 100 million hectares of rice fields had been destroyed, about 10% of the total area.
Vietnam is the world's major food producer and second largest rice exporter, Vietnam's Mekong River plain, rice production accounts for about half of Vietnam's total output. The latest news shows, floods killing nearly 23,000 hectares rice fields were flooded, of which nearly 7000 hectares can not harvest.
In Cambodia, a senior Agriculture Ministry official said more than 330,000 ha rice fields were flooded, of which 100,000 hectares were completely destroyed. According to the Lao state-controlled media, the poor countries of Asia also suffered flooding.
In Pakistan, flooded rice and other arable farmland areas, has resulted in the loss of nearly $ 2 billion.
UN Report: high food prices, or more serious
The United Nations headquarters in Rome three organizations jointly published 10 "SOFI 2011" report, pointing out that world food prices and a volatility of the situation in the future may be more severe, with poor farmers, consumers around the and the national agricultural sector to varying degrees by the impact of poverty and food insecurity.
FAO, IFAD, and the World Food Programme (WFP) report that in the year, a small country dependent on imports is still particularly dangerous situation, especially those poor African countries. Following the 2006 and 2008, world food crisis, farmers in many African countries face serious problems.
FAO Director-General Jacques Diouf, President of IFAD will Kanayueen Manzawa and WFP Executive Director Josette Sheeran in a foreword to the report warns, including the Horn of Africa, including food insecurity crisis, to put forward the Millennium Development Goals by 2015 goal of halving the proportion of hungry people a challenge.
This year's report focuses on food insecurity is high and persistent volatility in food issues. Report that high food prices and global food insecurity caused by fluctuations of the main factors. The report notes that on a global scale, fast-growing developing countries, the increase in consumer demand, the world's population continues to increase, further growth in biofuel production and other factors will further pressure on global food system. In addition, agricultural and energy markets, the increasingly close links between and frequent extreme weather and other factors, may lead to the next decade food prices more volatile.

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