Problems of meat market in terms of ensuring world’s food security

Lyudmila Kopteva,Irina Romanova,Svetlana Kulakova

doi:10.1051/e3sconf/202017513039

Abstract

The present paper focuses on key problems and specifics of ensuring food security and on state of agro-industrial complexes in different countries of the world. The authors defined the main aspects of state support for agriculture in advanced foreign economies and specified the challenges of food security ensuring. Agriculture is such an industry that brings prosperity to those who can work efficiently and make right decisions under high uncertainty, which may imply unsteady weather conditions, market environment, various production risks. Successful development of agriculture requires the ability to forecast and prevent unfavorable situations. In all countries, the main objective of agricultural production is to fully meet population’s demand for food using its own resources for manufacturing necessary food products. However, some countries do not have their own resources for agriculture, so they have to import finished products and raw materials for food production from other countries. For today, ensuring food security for all countries of the world is one of the most urgent problems of the mankind. Since the United Nations (the UN) was created, the international community has been paying close attention to the shortage of food. The issues of customs tariff regulation, plant and animal health care, administrative barriers – these are the priority tasks demanding systemic approaches, the fulfillment of which will stimulate the breakthrough inagriculture.

Highlights

Agriculture is one of the oldest branches of national economy, which currently is the main industry accountable for food security of the world's population.In the terms of requirements of food security, N
Global meat production increased by a total of 1.25% up to 323 million tons, according to the latest world market report published by the Organization for Economic Cooperation and Development (OECD) and the Food and Agriculture Organization of the United Nations (FAO) [24]
Analysts expect a slight decrease in meat prices due to an increase in meat supplies, which is associated with an increase in livestock, which is observed in some countries

Summary

Introduction

Agriculture is one of the oldest branches of national economy, which currently is the main industry accountable for food security of the world's population. In the terms of requirements of food security, N. P. Utyatsky believe that “each country should possess domestic resources for manufacturing essential food products. Different geographical location of world’s countries entails their inequality and does not allow some countries to develop agriculture. This makes those countries import finished products, and raw materials for their production” [1]

Objectives

Findings

Discussion

Conclusion