Day 1 of the IGC Grains virtual conference starts June 8th, with six sessions discussing; Trade policy, Strategic risk, Trade finance, Climate change, Trade and resilient food systems and Regional snapshot South East Asia.
Strategic risks and resilience of the Grains sector
Image credit: Gilles San Martin on Flickr
(CC BY-SA 2.0)
The trade of grains, oilseeds and rice occupies a centrally important part of the world food system, ensuring the efficient flow of foodstuffs from regions of surplus to those of deficit. Against the backdrop of globalisation, trade patterns have constantly evolved over many years and will likely continue to do so in future, as rising incomes and urbanisation contribute to changing dietary preferences.
Nevertheless, even in advance of the onset of the Covid-19 pandemic, recent years had witnessed some doubts about the future globalisation of the grains sector, with trade tensions and disruption impacting flows of some commodities. With world economic growth expected to recover, what are the prospects for global grains, rice and oilseeds supply chains? This Panel will discuss the resilience of global trade, particularly in relation to emerging markets, while the role of increased digitisation, as well as future investments in logistics will be assessed.
Key topics for consideration:
- Global grains, rice and oilseeds markets
- Economic growth
- Logistics
- Digitisation
Day One – Enhancing trade facilitation in South Asia
The session - starting at 11.30-12.10 - features Alejandra Danielson Castillo, Regional Director for South Asia, U.S. Grains Council; Kevin Roepken, Regional Director of South Asia and Sub-Saharan Africa, US Soybean Export Council & Board Member, U.S. Bangladesh Business Council; and Mukul Varshney, Director of Corporate Affairs – South Asia, John Deere.
South Asia is a uniquely placed geo-strategic unit that can benefit greatly from improvement to inter and intra connectivity on logistics and supply chain management. In order to do that, there is greater focus needed on understanding the components of trade facilitation and finance that impact the improvement in the region's trading relationship.
This panel discussion, primarily focused on Bangladesh and India, will be to better South Asia's policy and infrastructure readiness on trade facilitation and what key elements of the value chain that need to be addressed to enhance trade competitiveness and connectivity in the region, with a special focus on agriculture, food and food security.
The discussion may narrow in on impact of enhanced trade facilitation on regional and global competitiveness for the region, technology and digitisation incorporation in system, what kind of innovations can drive better agriculture value chain improvements, short-medium-long term goals that can impact enhanced trade facilitation in the region.
For more information visit the IGC website, HERE.
The Global Miller
This blog is maintained by The Global Miller staff and is supported by the magazine Milling and Grain
which is published by Perendale Publishers Limited.
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