Local view for "http://purl.org/linkedpolitics/eu/plenary/2010-11-11-Speech-4-094"
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"en.20101111.5.4-094"2
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"Madam President, ladies and gentlemen, cereal price volatility is having severe repercussions on all livestock sectors but also on consumers.
Cereal exporting is blocked due to the effect of the heat, fires, drought and floods – as is happening now in Italy. To aggravate the situation, Canada has reduced production following heavy rainfall this summer. Prices have been influenced not only by climate change but also by speculation on international markets. Cereal producers who are awaiting a price increase wait before selling their produce and put it in store, with the result that these agricultural products deteriorate. Speculation and severe climate change have led to a great increase in the prices of cereals used as animal feed and a knock-on increase in meat prices.
I believe it is essential for the Commission to ensure timely, targeted action to deal with the volatility in agricultural-product prices through innovative market interventions under the new CAP. The Commission must prevent speculative practices in agriculture to preserve the businesses of farmers and stock breeders and guarantee consumers genuine quality products at fair prices."@en1
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