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Agricultural Market Information System

May 13th, 2012 • by Sara Gustafson

A major challenge to food security worldwide is a dearth of accurate, timely information. Without reliable information regarding world agricultural markets, production, and stocks, policymakers may engage in harmful policies such as export bans or panic buying, only serving to further drive up food prices and price volatility.

Global Food Prices Down, Still High

May 10th, 2012 • by Sara Gustafson

The FAO Global Food Price Index averaged 214 points in April, down 3 points from the previous month. Cereals prices aided this decline with a drop of nearly 2 percent from March and 16 percent from April 2011. Maize prices declined on solid production prospects, while wheat and rice prices also fell marginally. Soybean prices, on the other hand, surged on fears of tightening global supplies.

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Rapid Response Forum

May 4th, 2012 • by Sara Gustafson

Price volatility in agricultural commodity markets has received a lot of attention in the past year. (For more information on food price volatility, see the Excessive Food Price Variability Early Warning System .) As part of the 2011 G20 Action Plan , the Agriculture Ministers agreed on several initiatives to address high food prices and price volatility. The Rapid Response Forum is a part of the larger Agricultural Market Information System (AMIS) initiative and is designed to promote timely discussion among global policymakers of abnormal agricultural market conditions.

Food Security and the G20

May 1st, 2012 • by Sara Gustafson

On June 18-19, leaders of the G20 will meet in Los Cabos, Mexico to continue addressing global challenges such as food security and food price volatility. The 2011 G20 Summit led to important steps to reduce price volatility, including the creation of the Excessive Food Price Variability Early Warning system and the Agricultural Market Information System (AMIS) . This year's summit will need to expand upon these steps in order to reach the goals of reduced volatility, poverty reduction, and global food security.