23 konstantinos giannakas
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This document discusses food policy and international markets. It notes changes in the agri-food system including a move from commodities to differentiated products due to changes in consumer preferences, technological progress, global competition, and decreased government support for agriculture. Examples of new products include genetically modified, organic, sustainable, natural, rBST-free, and cage-free products. Certification and labeling are critical for product differentiation, consumer decisions, and capturing price premiums. Labeling policy is also important for research and development and market access. Labeling of genetically modified products is highly controversial with different policies between regions. Food policy research at the University of Nebraska-Lincoln examines various related issues.
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1) The document discusses global food security and agricultural productivity trends from 1950-2050.
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23 konstantinos giannakas
- 1. Food Policy & International Markets Konstantinos Giannakas, Ph.D. Department of Agricultural Economics University of Nebraska-Lincoln
- 2. Industrialization of the Agri-Food System Move from commodities to differentiated products • Changes in Consumer Preferences • Technological Progress Product Variety • Global Competition Differentiation Quality • Gov’t Support to Agriculture Innovation
- 3. Examples of New (and “New”) Products • Genetically Modified • Organic (a.k.a. Biological) • Sustainable • Natural Key: Differentiating • rBST-Free Milk Attributes are Credence Process Attributes • Cage-Free Eggs • Dolphin-Safe Tuna • Fair-Trade Coffee, Cocoa, Sugar, Bananas • Functional Foods & Neutraceuticals • Origin-Labeled Products
- 4. Certification & Labeling Critical for: • Co-existence & Separation of the Different Products • Enabling Consumers to Make Informed Decisions • Enabling Producers to Capture Price Premia
- 5. Labeling Policy also Critical for: • Research & Development • Access of Domestic Products to Int’nal Markets • Acceptance of Domestic Products in Int’nal Markets
- 6. Labeling of Genetically Modified Products (GMPs) Highly Controversial US: No Labeling (“substantial equivalence” of GMPs & conventional products) EU: Mandatory Labeling (“precautionary principal” and consumer opposition)
- 7. Mandatory Labeling Standards EU: > 0.9% biotech material South Korea: > 2% GM food ingredients Japan: > 5% GM food ingredients
- 8. Differences in Labeling Policies affect: • Trade of GM Products • Incentives for R&D • Type of R&D • Developing Countries’ Regulatory Decisions • Food Security • Political Stability
- 9. Critical • Policy Harmonization -- 2nd Generation, Consumer-Oriented GMPs Labeled as Not Substantially Equivalent to Conventional Products • Importance of Innovation for Food Security
- 10. Food Policy Research at UNL • Effects of, and Optimal Regulatory Response to Ag Biotech • Mandatory Country-Of-Origin-Labeling • National Organic Program • Purity Standards in Food Labeling Laws • Food Safety & Optimal Regulation of Credence Goods
- 11. Food Policy Research at UNL • Impact of Public Firms & Co-ops on Innovation & Food Quality • Genetic Use Restriction Technologies (Terminator Genes) • Impact of Length & Breadth of IPRs Protection on Innovation • Impact of GMOs & IPRs Policies on Hunger
- 12. Impact of GMOs & IPRs on Hunger Hunger can be reduced through increased quantities of nutritional food offered at affordable prices • Impact of different types of GMOs on quantity, quality & price • Impact of IPRs policies on innovation and adoption incentives • Role of NGOs • Determination of optimal GMOs & IPRs policies