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Agricultural Market Information System (AMIS) José Estors Carballo, FAO Audun Lem, FAO.

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Presentation on theme: "Agricultural Market Information System (AMIS) José Estors Carballo, FAO Audun Lem, FAO."— Presentation transcript:

1 Agricultural Market Information System (AMIS) José Estors Carballo, FAO Audun Lem, FAO

2 A tool to improve data reliability, timeliness, frequency and to enhance policy coordination in time of crisis and price volatility

3 Price Volatility Types of price variations When prices move along smooth and well-established trend reflecting market fundamentals when they exhibit a well known and seasonal pattern when do they become problematic? When they are large and cannot be anticipated Variations in economic variables over time

4 AMIS Agricultural Market Information System 2007 – 2008 Price crisis exposed weaknesses in Provision of market information at global level Coordination of policy responses to food price volatility AMIS Improve data reliability Improve timeliness Improve frequency Enhance policy coordination

5 AMIS Major food producing, exporting and importing countries Joint Secretariat comprising of International Organizations

6 AMIS Structure

7 Rapid response Forum actions in case of alert :

8 AMIS - FAO Secretariat housed at FAO FAO – WMO agreement for AMIS and the geomonitoring initiative Seeking date, Data accuracy and transparency FAO – No enforcement power against countries that do not provide information Coordinated by the Group on Earth Observation


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