Social, demographic and economic change and global grain markets

摘要

The growing world population is not a new phenomenon - nor should it be surprising that this growth has increased the global demand for grain. Despite the annual population growth rate decreasing from 5 to 3 per cent over the past few years, it is expected that global population will climb from the current 7.4 billion people to 9.4 billion in 2050 - a rise of 27 per cent. And faster growth forecasts are expected for second and third world countries. Asia accounts for about 30 per cent of the worlds land mass while being home to 60 per cent of the global population.