Wilmington, Del. — Today, Corteva Agriscience (NYSE: CTVA) announced the release of the Global Food Security Index (GFSI) 2019 – North America report, which examines the state of food systems of the three countries in the region. The GFSI, developed by The Economist Intelligence Unit, presents an in-depth analysis into how the core pillars of affordability, availability, quality, natural resources and resilience impact the level of food security in the region.
New critical metrics added to this year’s framework include the cost of food and expansion of metrics such as agriculture infrastructure and nutritional standards. In the North America region, the United States, ranked first, followed by Canada and Mexico, respectively.
|Country ranking in North America||Food security score (out of 100)|
|1. United States||83.7|
“For the second consecutive year, the North America region leads the world in food security,” said Judd O’Connor, President, Corteva Agriscience U.S. Commercial Business. “The region’s success is due to factors including robust food and farm safety programs, access to financing for farmers, and good infrastructure to support food systems. We applaud efforts the region is making to continue investment in these critical factors.”
North America was revealed as the highest-ranking region for food affordability worldwide, due to low levels of poverty, strong food safety nets and agricultural finance systems in all three countries.
The report also noted the key role that sustainable agricultural practices have in protecting food security. Corteva Agriscience works collaboratively to develop innovative new solutions to enable farmers to produce more food and agricultural products with available land in a sustainable way.
The availability of food in North America was shown to be in abundant supply, with the region having 30-50% more food than necessary to meet the daily requirements of its population. The region also scored highly in levels of food quality, with widespread access to nutritious, safely stored and safely managed foods.
However, with over a third of the population reported to be obese, the report also highlighted a need to implement strong nutritional guidelines, policies and monitoring to tackle surging obesity rates and the burden of chronic health conditions.
The 2019 GFSI data was compiled prior to the COVID-19 pandemic as declared March 11, 2020 by the World Health Organization.
About the Global Food Security Index
The GFSI is a comprehensive assessment of the state of global food security developed by the Economist Intelligence Unit (EIU), supported by Corteva Agriscience. The Index, released annually, provides a common framework for understanding the root causes of food insecurity – the state of being without access to sufficient, safe, nutritious food to maintain a healthy and active life – using a dynamic quantitative and qualitative benchmarking model. It examines changes in the global environment and food systems of 113 countries, measuring them against three core pillars – affordability, accessibility, quality and a fourth adjustment factor, natural resources and resilience. Now in its 8th edition, GFSI has become a policy benchmark for governments, a research tool for academia and a country diagnostic tool for the private sector in investment.
The five GFSI 2019 regional reports included Asia Pacific, Africa (including Sub-Saharan and North Africa) & Middle East, Central & South America, Europe and North America.
About Corteva Agriscience (NYSE: CTVA)
Corteva Agriscience is a publicly traded, global pure-play agriculture company that provides farmers around the world with the most complete portfolio in the industry - including a balanced and diverse mix of seed, crop protection and digital solutions focused on maximizing productivity to enhance yield and profitability. With some of the most recognized brands in agriculture and an industry-leading product and technology pipeline well positioned to drive growth, the company is committed to working with stakeholders throughout the food system as it fulfills its promise to enrich the lives of those who produce and those who consume, ensuring progress for generations to come. Corteva Agriscience became an independent public company on June 1, 2019 and was previously the Agriculture Division of DowDuPont. More information can be found at www.corteva.com.
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Helen Sullivan / Maryanne Lee
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