OECD Ag Statement Thirty-eight agriculture ministers from OECD member countries plus a dozen or so more will meet later this week in Paris to discuss: Building Sustainable Agriculture & Food Systems in a Changing Environment: Shared Challenges, Transformative Solutions. The discussion precedes the COP27 meeting, and ministers are likely to emphasize how agriculture contributes to sustainability, and how it is hurt by climate change. Most of the non-OECD countries will be looking for cash transfers from the richer countries to help their agriculture sectors. All of it is “non-binding.” Meanwhile, the meeting will likely blast Russia for worsening global food insecurity by invading Ukraine, and highlight the adverse impacts f...

TAGS – Europe, North America, Russia, Macroeconomics