—Lancaster Farming. Saturday. April 4.1970
26
m Try A
Executives Plan Ways to Meet classified -
J It Pays
Food Production Needs in ’7o’s
Senior executives of 82 major
international fnins have formed
a woi king parlv to consider how
private industry might contri
bute to planning longteim ag
nculluial development, estimat
ed to cost $lB5 billion ovei the
next 10 ycais if woikl food de
mands are to be met
The decision vv.i 1 - made .it this
week’s annual meeting of the
Food and Agncultuie Oigam
zation of the United Nations
and Industiy Co-operative Pro
giam at the Rome headquaiters
of the FAO.
The progiam is designed to
speed giowth of agio-allied in
dustiy in developing countries
in co-operation with FAO and
other UN agencies Twenty-four
of the piogiam’s 82 members
are firms headquaiteied in the
United States.
The working paity will exa
mine FAO’s Indicative World
Plan for Agncultuie Develop
ment the basis for FAO’s
recommendations for the Se
cond Development Decade
from the standpoint of puvate
industiy and will icpoit back
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Elm
Landis
Lancaster
M. S. Yearsley & Sons
West Chester 696-2990
A. B. C. Groff, Inc. Wenger Implement, Inc.
New Holland 354-4191 The Buck 284 4141
to the piogiam’s executive com
mittee
The meeting elected a n
Ameiican, Paul F Coi nelson of
St Louis. Mo. as chan man of
the piogiam Mr Cot nelson is
president of Ralston Purina In
tel national
J A C Ilugill, managing
dnector, Tate and Ljle Ltd,
London, succeeds Mi Cornel
sen as v ice chan man J E Boi
in. president of R J Reynolds
(Euiope) S A Geneva, heads
the special woikmg paily
Eaiher, progiam paiticipants
heaid FAO's Directoi-Gcneial
Addeke H. Boeima describe the
giowth requirements and in
vestment opportunities m de
veloping countries
A four per cent annual in
crease in food pioduction din
ing the 1970’s would cost $lB5
billion for the decade, he said,
half of it for capital expendi
tuies, the other half for recui
lent expendituies on supplies
and equipment
In 1980, feitihzer costs would
be $7 25 billion annually, triple
today’s level Cost of ciop pro
tection chemicals for the same
year would be about $l2 bil
lion.
Bros., Inc.
393-3906
Local industrial manufacture the extent that the developing
in developing countries is ex- countries have foreign ex
pected to increase during the change with which to pay.
decade, Mr. Bocrma said, but „ „ .. .
•‘.I will clearly be nowhere In addition, Mr Boerma cited
sufficient to meet these huge opportunities of “establishing
demands.” plants in those countries or as-
Industrial concerns like those sistl,1 2 the local P c °P lc ,n ac ‘
in the cooperative program had, the technical and mana
therefore, opportunities to ex- Serial knowledge to enable
port the production needed to them to set up on their own ”
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