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
Variations in economic
variables over time
Types of price variations
 When 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
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
Need to ensure
preparedness and
rapid responses
AMIS
•Improve data reliability
•Improve timeliness
•Improve frequency
•Enhance policy coordination
Major food producing,
exporting and
importing countries
AMIS
Joint Secretariat
comprising of
International
Organizations
AMIS Structure
Rapid response Forum actions in case of alert:
AMIS - FAO
Secretariat
housed at FAO
FAO – No
enforcement
power against
countries that
do not provide
information
Coordinated
by the Group
on Earth
Observation
FAO – WMO
agreement for
AMIS and the
geomonitoring
initiative
Seeking date,
Data accuracy
and
transparency