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

The FAO backs the concept of "food intelligence"
to combat hyper-volatility

11 October 2010



Setting up a system of statistical data on the level of food stocks managed by major grain importing and exporting countries would help to prevent the occurrence of potential crises and ease markets. This was the proposal put forward by intergovernmental groups on grain and rice during a meeting at the FAO in Rome on 24th September.

In a context of high instability on agricultural markets following the temporary break in Russian wheat exports last summer, both groups gathered to agree on the measures to be taken on price hyper-volatility because its unpredictability represents a "major threat to food security." Abdolreza Abbassian, economist and secretary of the group on grain, stated: "We need a better level of information on food supplies, particularly from the Commonwealth of Independent States (Russia and former USSR satellites), but also from major exporters like China and India".

The FAO currently produces estimates every two months, but according to experts, this is insufficient. They advocate publishing a monthly report as well as establishing a genuine “strong, independent unity of intelligence and research” whose mission would be to closely follow the evolution of production levels and grain stocks worldwide. It would be a genuine mission for "Food Intelligence” and regulation by the power of information.

If the concept put forward by the FAO is a necessary condition in order to optimize the functioning of agricultural markets and prevent the occurrence of future crises, it is by no means sufficient. Because if stocks are a key variable to be monitored, other parameters such as over-the-counter market speculation or the levels of support provided to farmers are just as important. But these issues are beyond the mandate of the FAO. Hence the urgency to create an independent structure to generalize the concept of fundraising developed by the FAO; an ambitious but essential project given the current situation. This is the entire purpose of the momagri Agency, established in December 2009, which, with the help of pioneering indicators, will propose a more pertinent analysis of the situation in international agricultural markets.

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Paris, 26 April 2019