# Are we ready to prevent the next food price crisis? - Development Matters

> An FAO-linked article reviews the Agricultural Market Information System (AMIS), created by the G20 in 2011 to improve food market transparency and policy coordination after the 2007-10 price spikes. It warns that concentrated export supplies and transport-route vulnerabilities pose new risks to food security.

- Date: 2018-01-03 · published 2018-01-03T12:00:00.000Z
- Category: policy · region Global · magnitude low
- Page: https://feedsoft.ai/events/66883-are-we-ready-to-prevent-the-next-food-price-crisis-development-matters
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

Greater policy coordination reduces the chance of panic export bans that cause sharp grain price spikes, but concentrated export origins keep supply shock risk elevated for feed grain markets.

## Read by commodity

- CORN: neutral
- WHEAT: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2024-05-15 | [Statutory Reference Prices and the Next Farm Bill - farmdoc daily](https://feedsoft.ai/events/30236-statutory-reference-prices-and-the-next-farm-bill-farmdoc-daily.md) | +0.8% | +5.1% |
| CORN | 2018-12-10 | [Is the egg toast? \| Food and Environment Reporting Network](https://feedsoft.ai/events/61580-is-the-egg-toast-food-and-environment-reporting-network.md) | +0.3% | +2.0% |
| CORN | 2023-04-14 | [WTO Members Should Avoid Export Restrictions on Fertilizers to Deliver on Food Security \| International Institute for Sustainable Development](https://feedsoft.ai/events/36328-wto-members-should-avoid-export-restrictions-on-fertilizers-to-deliver-on-food.md) | -0.6% | -1.9% |
| CORN | 2023-12-11 | [The most ambitious legislative attempt to tackle deforestation worldwide ever \| United Nations Development Programme](https://feedsoft.ai/events/32717-the-most-ambitious-legislative-attempt-to-tackle-deforestation-worldwide-ever.md) | +1.0% | -0.7% |
| CORN | 2018-07-24 | [Want to understand the border crisis? Look to American corn policy](https://feedsoft.ai/events/64009-want-to-understand-the-border-crisis-look-to-american-corn-policy.md) | +1.7% | +1.4% |
| WHEAT | 2024-05-15 | [Statutory Reference Prices and the Next Farm Bill - farmdoc daily](https://feedsoft.ai/events/30236-statutory-reference-prices-and-the-next-farm-bill-farmdoc-daily.md) | +19.6% | +8.8% |
| WHEAT | 2024-12-29 | [Food subsidy may surpass BE by Rs 20,000-crore - Economy News \| The Financial Express](https://feedsoft.ai/events/10458-food-subsidy-may-surpass-be-by-rs-20-000-crore-economy-news-the-financial.md) | -1.8% | +1.0% |
| WHEAT | 2023-10-19 | [Steps in place to check price rise during festival season: Centre - The Hindu](https://feedsoft.ai/events/33577-steps-in-place-to-check-price-rise-during-festival-season-centre-the-hindu.md) | -2.6% | -4.4% |

## Sources

- oecd-development-matters.org: https://oecd-development-matters.org/2018/01/03/are-we-ready-to-prevent-the-next-food-price-crisis/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.