5.9 Global System of Agriculture - 5.9 Global System of Agriculture 1 Global Food Trade o Food = major part of global trade market o Exporting

5.9 Global System of Agriculture - 5.9 Global System...

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5.9 Global System of Agriculture 1. Global Food Trade o Food = major part of global trade market o Exporting countries benefit from ($$$) a. Importing countries benefit from food supply b. Some countries are dependent on export commodities (selling goods to another country) c. Historically, prior to WW2, Europe was major food importing region (colonies) i. Relied in colonies to supply food d. LDC’s have become major net importers of agricultural products i. Agricultural systems were set up to supply the European colonies, and now they must learn to rely on themselves ii. Amount of imports drastically rises 2. Map of Global Food Trade a. Western Hemisphere has many states that export food, while Europe and Asia have many importers b. USA has surplus of many agricultural products, and produces a tremendous amount of corn (4-5x the amount of any other state) c. Africa has an average import of $10B per state d. Countries may export what they power-farm and then only import what they need i.

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