Archer Daniels Midland Company Chairman and
CEO Juan Luciano recently spoke to the National Grain and Feed Association (NGFA)
with a keynote address focused on innovation in agriculture and how the
industry can continue to develop.
“Led by the U.S., the world has been able
not only to feed a population that has increased by 5 billion since 1950, but
also to feed the world a better diet,” Luciano said.
He spoke to how expanded research, emerging
technologies and infrastructure investment will help farmers around the world
meet increased demands for food, nutrition and health, feeding a projected
global population of 9.6 billion people by 2050.
Luciano posited that technological advances
and trade will become increasingly important in the coming years.
“Climates, crop seasonality and the impact
of weather patterns make trade essential for feeding the world, for the health
of global economy and for farmers worldwide,” Luciano said.
In concluding his address, he urged NGFA
members to continue investing in innovation, research and development and young
talent.
“Working together, we can ensure that U.S.
agriculture will continue the transformational, life-altering gains that have
made our world a better place, a more humane place—a place of hope, promise
and shared prosperity,” he said.
