Food Balance Sheets FBS component: residual or other uses.

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Presentation transcript:

Food Balance Sheets FBS component: residual or other uses

Learning Objectives At the end of this session, the audience will know: The purpose of the residuals and other uses component of the FBS

Outline Residuals or other uses - definition, purpose and use

Residuals or other uses Is a unique balance sheet element, in that its purpose and calculation will vary depending upon the needs of the country in question The individual country may not wish to utilize this category at all

Residuals or other uses First of all, this category can be calculated ex-post as a balancing item at the SUA level This strategy should only be utilized when the imbalances in the equation are small There may also be cases where “residual and other uses” is utilized to capture some category that the country itself deems important to include in the FBS

Residuals or other uses While the Guidelines have strived to cover all possible commodity utilizations with the previously identified categories, it is possible that there are additional uses for certain commodities in certain countries that country-level FBS compilers will want to account for separately E.G. Food available for consumption by refugees In this case: No specific data sources or imputation methods can be recommended Users are encouraged to consult experts on the commodity supply chain in question

Reference Global Strategy to improve agricultural and rural statistics, 2017. Handbook of Food Balance Sheet, Rome, Italy, chapter 3.5, section 3.5.11