Thursday, March 13, 2008

Farm output set to rise ... set for $1 billion spending plan

Caracas Daily Journal (Jeremy Morgan): Venezuelan Food Industry Chamber President Pablo Barayar forecast that agricultural output would rise by 57 percent during the next decade under a $1 billion investment plan backed by the private and public sectors. Barayar said the projected growth rate would be twice as high as the current rate of expansion in agriculture. He noted that the next 10 years could see food shortages developing on a worldwide level.

That could pose severe problems for Venezuela, which, despite its favorable climate and wide open spaces still imports as much as 60 percent of its food requirement.

Farming has long been regarded as the poor relative in the economic pecking order, a problem that's deemed to have been compounded by President Hugo Chávez' undisguised dislike of large landowners colloquially known as latifundistas.

Details of the farm development plan and how costs would be split between the state and the private sector were not disclosed after a meeting chaired by Planning Minister Haiman El Troudi.

1 comment:

  1. There would be no problem with latifundistas -- if the latifundia were expropriated from these industrial farmer-speculators, and handed over to socialist agricultural organizations for more rational and people-positive collective farming.

    And all socialist states should be producing as much food as possible indeed -- and as a matter of course and as official socialist policy -- because the rest of the planet needs and will need plenty of food from alternate sources in order to both stave off mass hunger, and to short-circuit diabolical imperialist plans to use food as a weapon: their barely-concealed plans to bring the rest of the planet to its knees -- and starve much of its population outright -- as a matter of their nazi-esque policies.

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