摘要：Recent concerns about future global food production seem poorly based. The rapidphase of growth in food consumption is over for most of the world's populationbecause of increased incomes and, besides, population growth rates continue toslow. Thus, the rate of growth of food production needed in the future is muchlower than it has been for the past 40 years. Production and price instability willcontinue, perhaps with lessened intensity because of reduced governmentintervention. With private agricultural interests now facing greater exposure toprice and production risks, especially in developing countries, there needs to begreater emphasis on ￠nancial market instruments for managing these risks.
