Session 2C. Food prices peaks and lows: what information and regulations to avoid extreme events?

While global agricultural commodity markets are relatively stable in recent years, market fundamentals point to a higher likelihood that prike peaks and price dips will be observed in the future. Such abnormal or “excessive” food price volatility is aggravates FNS risk through implications for consumers, producers and supply chains. concerning and beyond what can be regarded as acceptable in an increasingly globalized world. This session discusses the options to mitigate or pre-empt such episodes of excessive volatility and their consequences. In this session, policy options are presented to address market instability and the impact of food price shocks with more immediate and longer term objectives. Policy options include early warning systems, global transparency, global and regional trade cooperation, and regional emergency food reserves to pool risk at a supra-national level. The analyses are underpinned by original contributions to the literature and results from a modelling framework of the global food system.

Food Prices: what information and regulations to avoid extreme events – Key Policy Messages by Maximo Torero (IFPRI)

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