Contributing to market transparency – future challenges of agricultural monitoring systems25th anniversary of the MARS Bulletins
What is AMIS?
• An inter‐agency platform to enhance food market transparency and reduce the likelihood of food price volatility
• Launched by G20 Ministers of Agriculture in 2011
• Target crops:
• Focus: production, utilization, stocks, trade
• Participants: G20 Members + Spain and 7 invited countries
• AMIS Secretariat: eleven international organizations and entities:
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Contributing to market transparency – future challenges of agricultural monitoring systems25th anniversary of the MARS Bulletins
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AMIS setup
Contributing to market transparency – future challenges of agricultural monitoring systems25th anniversary of the MARS Bulletins
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Global coverage
Contributing to market transparency – future challenges of agricultural monitoring systems25th anniversary of the MARS Bulletins
AMIS participants account for the bulk of world production
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2015-17 avg. 2015-17 avg. 2015-17 avg. 2015-17 avg.
Contributing to market transparency – future challenges of agricultural monitoring systems25th anniversary of the MARS Bulletins
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Contributing to market transparency – future challenges of agricultural monitoring systems25th anniversary of the MARS Bulletins
What has been achieved so far?
Contributing to market transparency – future challenges of agricultural monitoring systems25th anniversary of the MARS Bulletins
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Improved availability of information
UPDATED AND RELEASED MONTHLY
Contributing to market transparency – future challenges of agricultural monitoring systems25th anniversary of the MARS Bulletins
Stronger capacity at national level
• Multi‐year projects in Bangladesh, India, Nigeria, Philippines, Thailand
• Training of focal points from China, India, Indonesia, Kazakhstan, South Africa, Thailand and Viet Nam
• Release of reference materials on international best practices
• Workshops and seminars on selected topics, including stocks measurement
Contributing to market transparency – future challenges of agricultural monitoring systems25th anniversary of the MARS Bulletins
Better preparedness for market instability
• Relatively calm international markets since 2011
• No need for an extraordinary session of the AMIS Rapid Response Forum
• Regular meetings with focal points to build a strong network
• Establish the necessary structures to address future crises
Contributing to market transparency – future challenges of agricultural monitoring systems25th anniversary of the MARS Bulletins
In summary
• Some important outputs and achievements• But the main contribution of AMIS might be less tangible…– Trust among national focal points– Collaboration between Secretariat member organizations– Better understanding of methodological differences across
main sources of global balances information
• True test will come when the next crisis hits
Contributing to market transparency – future challenges of agricultural monitoring systems25th anniversary of the MARS Bulletins
Thank you