Farms.com Home   Ag Industry News

Conflict in Syria has caused more than US$16 billion in damages to agriculture

New report says cattle ownership alone is down by about 57 per cent

By Diego Flammini
Assistant Editor, North American Content
Farms.com

The continued fighting in Syria has caused more than US$16 billion in damages to the country’s agriculture sector – almost a third of its total GDP (gross domestic product).

A new report by the Food and Agriculture Organization (FAO) of the United Nations presents the first in depth analysis of the conflict and its specific impacts on farmers.

The report, Counting the Cost: Agriculture in Syria after six years of crisis, surveyed more than 3,500 households and interviews more than 380 community groups focused on agricultural data.

The report’s findings include:

  • 95 per cent of respondents said if they had access to basic agricultural supplies, including seeds, fertilizer and fuel for irrigation pumps, it could reduce the number of people leaving rural parts of the country,
  • Since 2011, livestok ownership is down considerably. There’s been a 57 per cent decline in cattle ownership and 47 per cent drop in poultry ownership, and
  • The estimated cost of rebuilding Syria’s agriculture sector over three years is between US$10.7 and $17.1 billion.

The FAO said international aid is needed to help Syrian farmers recover from the destruction.

"Ramping up investment in the recovery of the agriculture sector could dramatically reduce the need for humanitarian aid. It could also have a significant impact on stemming the flow of migrants," José Graziano da Silva, FAO Director-General, said in a release.

Seed vault withdrawal

The civil war in Syria forced the country to withdraw seeds from the Svalbard Global Seed Vault in 2015. Syria is the first country to do so.



 

At the time, reports suggested the seeds were sent to Morocco and Lebanon to allow scientists to continue researching and farmers to begin planting.

According to a Wired article, Syria deposited seeds from its own seed bank to the Global Seed Vault in February 2017.


Trending Video

Funds Ditch Ag Commodities, Chase Stocks Amid an End to Middle East War, & Trade Deal Buzz

Video: Funds Ditch Ag Commodities, Chase Stocks Amid an End to Middle East War, & Trade Deal Buzz


The 12-day war between Iran-Israel came to an end sending crude oil futures plunging as the big fund speculators removed the war risk premium.

The weather risk premium in the Ag complex is sending corn, wheat and soybean futures lower on month-end selling ahead of the market moving USDA quarterly grain stocks and acreage reports on June 30th.

Instead, funds were chasing and sending tech stocks higher with the S&P 500/NASDAQ indexes setting new all-time record highs!

June 1 USDA Hogs and pigs report was slightly bearish while the U.S. $ Index traded to new contract lows as the de-dollarization that began in 2014 continues.

Feed in the form of soybean meal futures for livestock producers got cheaper, trading to new contract lows.

The Stats Canada seeded acreage update was bullish canola and wheat.