Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-02-14-Speech-1-209-000"

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"Mr President, the price of food has reached an all-time high and is rising again for the seventh time in a row. There are various factors that may account for this increase, the first of which is a short-term factor. It has to do with the coinciding of bad weather in certain countries, such as Russia and Argentina. However, there are two factors that are structural in nature, which is why I am bringing up these two factors here. The first has to do with the fact that some food producers and consumers that used to be exporters are now importers, as is the case of China. The second has to do with the fact that the clout of some of the large multinationals enables them to influence prices in their favour. Cereals are a very clear example of this: they are dominated by six large multinationals. This situation therefore leaves farmers feeling very unsure about the price of food products. Europe must once again do what it stopped doing some time ago, which is to protect its producers and consumers. We cannot afford to be naïve in a world where everyone is resorting to forms of protection and where the multinationals are manipulating prices."@en1
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