A new vision for agriculture
momagri, movement for a world agricultural organization, is a think tank chaired by Christian Pèes.
It brings together, managers from the agricultural world and important people from external perspectives,
such as health, development, strategy and defense. Its objective is to promote regulation
of agricultural markets by creating new evaluation tools, such as economic models and indicators,
and by drawing up proposals for an agricultural and international food policy.
A look at the news

Domino effect of wheat on meat

04 October 2010



In July an unprecedented heat wave hit Russia and within a few weeks the price of wheat exploded, destabilising all international agricultural markets. Wheat inflation is now having a knock-on effect on the price of meat, and especially chicken, beef, and pork.

According to the FAO, the price of meat has already gone up 10% since the beginning of the year. One of the reasons is that livestock farmers have been hit by the spike in wheat prices as 2/3 of their costs go on animal feed, which is made mainly of cereals. For example, 60% of feed for French pork is cereal, and if the tonne of cereal increases 10 euros the production cost for pork increases 4 centimes.

This phenomenon is a clear illustration of how all agricultural markets are interconnected, and how imbalances in one market destabilise all of them. A global approach therefore needs to be adopted to devising and managing agricultural markets, to supplement the industry-specific management system already in place. To do this it is urgent and necessary to set up an international body bringing together agricultural operators from all over the world.

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Paris, 24 April 2019