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Archer Daniels's bid comes at a time of consolidation in the global grain sector resulting from intense competition in feeding fast-developing countries that are seeking food security.
Now we impose NFSA targets for food grain sector.
Now we apply NFSA targets for food grain sector.
According to our aggregation scheme, sector 1 is the food grain sector.
There could also be a re-allocation of farm land from non food grain to food grain sector.
The result shows that the food grain sector has to grow by 3.75%% annually to match provision of food grains according to the norm set by the act.
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However, the opposite results are shown for the rest of the grain sectors.
Grain tariff changes do not result in significant effects on agricultural exports, including the rice, wheat, and other grain sectors.
This would be the case if China was to open its grain markets to competition and eliminate the protection that the grain sectors receive.
She has since identified agricultural firms as a focus of antitrust enforcement, and the department is holding a series of public workshops this spring and summer to examine competition issues in the meat, dairy and grain sectors.
Since feed grain and food grains compete for natural resources, such as water and land, if demand for feed grain decreases, more resources will be allocated to food grain sectors such as wheat and rice.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com