Demand for food Sample Clauses

Demand for food. The rise in food prices in 2008 triggered an avalanche of investments in agricultural food production, with some countries like China, Bahrain and South Korea undertaking or exploring overseas agricultural investments to produce staple crops such as rice and corn to meet their respective country’s food requirements.8 Though food prices have gone down since 2008, the FAO-OECD 2009 Outlook reports that these are still higher by 10-30 per cent from the previous decade, and as such, still provides incentives for agricultural land investments for the cultivation of food crops.9 The rising demand for land to produce food is expected to continue as the world looks forward to increases in income and population. FAO, in particular, predicts that food production needs to increase by 40 % by 2030, and by 70 % by 2050, based on the average 2005-2007 levels, in order to cope with the increased demand resulting from higher incomes and bigger populations10. Responding to the future world’s food requirements will entail allocation of land specifically for producing food, amidst other competing demand for scarce land resources.
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