2010 World Agricultural Forum - Latin America
May 12-13, 2010 Brasilia, Brazil
Sponsored by
The Role of Latin America in Feeding the World in 2050: A Background of Latin American Agriculture
The 1980’s mark a time that Latin America as a region sanctioned profound reforms in trade policy, affecting agricultural trade on a global scale. The reforms have earned Latin America the position of the second most important emerging market in the world, thus warranting the region a role in aiding the sustainable growth of the world economy. Will Latin America’s gains play a role in protecting the region from volatile global commodity prices?

Presently Latin America, notably Brazil, boasts the title of production leader in coffee, sugar, soybeans, and orange juice. Latin America is also among the top in corn and fruit (namely banana) production. Argentina is the most agriculturally-able country in the region owing approximately 54% of exports to agriculture.
However, the recent food crisis proved to be strong, despite the region’s well-established practices, thus sparking a need for re-evaluation of the former neoliberal model in economic development. An alternative, long-term strategy must be considered, which will hinge greatly on increasing food supply as well as addressing the underlying issues which sparked the crisis.
Since state marketing boards were taken away, funding for agriculture withdrawn, trade barriers reduced, and agricultural production concentrated within a few large companies, many countries are suffering the shock of the swelling costs of imports. This has allowed for wealthy, larger economies to monopolize the market for most agricultural goods, placing Latin America at even more of a disadvantage.
Before entering into increasingly complex trade agreements, Latin America needs to be aware of all the stipulations involved, namely structural inequalities within all her countries. In order to compete in said agreements with the United States or the EU, Latin America must implement tighter farm and economic policies outlined in the terms and reexamine preventable institutional weaknesses as well as budgeting.
Theme and Session Topics
The Role of Latin America in Feeding the World in 2050
- Agriculture: Can Latin America Meet Global Food, Fuel and Fiber Demands to 2050?
- Latin America's Agribusiness: The Next 40 Years
- Linking Small Producers to Markets and Creating Sustainable Supply Chains
- Technology and Natural Resource Policies: Constraints to Realizing Latin America's Agriculture Potential?
- Climate Change: Market and Investment Opportunities for the Region?
- Next Generation Bio-Fuel: Is Latin America Leading or Following?
- Financing Latin America's Agribusiness—Investing in the Future: Is Latin American Agriculture an Attractive Investment?
2010 World Agricultural Forum - Latin America Agenda