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

Agricultural Market Information System (AMIS)

José Estors Carballo, FAO

Audun Lem, FAO

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

Price Volatility

Types of price variationsWhen 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

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

Major food producing, exporting and importing countries

Joint Secretariat comprising of International Organizations

Coordinated by the Group

on Earth Observation