AGROINDUSTRY PRESENT AT THE 15TH MEETING OF GLOBAL AGRICULTURAL MARKET INFORMATION (AMIS)
Undersecretary of Agricultural Markets, Jesus Silveyra, represented our
country at the meeting where prospects for markets wheat, corn, soybeans
and rice were evaluated.
Tuesday May 28, 2019
The Secretary of State's Office Agribusiness participated, along with
delegates from most of the G20 countries and international organizations,
of the 15th Meeting of Global Agricultural Market Information (AMIS)
Undersecretary of Agricultural Markets, Jesus Silveyra, attended on behalf
of the national agro-industrial portfolio in the meetings held in Rome
between 27 and 28 May, to assess market prospects wheat, corn, soybeans and
rice.
The meeting was at the opening attended by the General Director of the FAO
(Food and Agriculture Organization of the United Nations), José Graziano da
Silva, who referred to the importance of AMIS and the recent mention in the
document the G20 agriculture ministers meeting in Japan, on the need for
voluntary contributions for maintenance.
Then the international macroeconomic scenario was analyzed after passing
the analysis of the markets for wheat, rice, corn and soybeans. In this
regard, stocks generally high, slumping prices (albeit with some recovery
in recent weeks) and demands within expectations (except from China) are
presented.
However, there were three predominant themes concern: climate in the United
States, which can affect the quality and yields of winter wheat, which is
delaying planting corn and soybeans; swine fever in China and Vietnam,
amending the demand for fodder and encourages meat imports; and continuity
of trade dispute between China and the US, resulting plan helps producers
launched last week by the US government.
On this last point, the analyst FAO, Ann Berg, provided an overview of
trade issues in the grain market of the last fifty years that led to the
implementation of measures that somehow distorted markets as applying
embargos and quotas, tariffs hikes, establishment of subsidies, among
others. For this reason, he said that countries should work to avoid the
use of these measures.
Another important topic of the meeting were the situations generated by
the "African Swine Fever", on which the specialists of the World
Organization for Animal Health (OIE), said that the disease has already
gone to Cambodia, Vietnam, Mongolia and Korea, thus they warned of the need
to be prepared to expansion; as well as the fight against it, will last for
years.
In addition, systems supply and demand estimates, the difficulties in
calculating the final stocks and for estimating animal consumption
addressed. In this regard, the representative of China presented
information on the 2017 Census of Agriculture.
For his part, Undersecretary Silveyra said, "are always good and useful are
meetings AMIS because they take into account the main issues affecting
markets and we have a vision of what happens in major producing and
exporting countries".
It is recalled that the AMIS (Agricultural Market Information System), was
created in 2011 on the initiative of the G20, and its mission is the
pursuit of transparency in market information for wheat, maize, soya beans
and rice and the proposed actions cases of market instability.
In addition to most of the member countries of G20, they were attended by
representatives of FAO, WTO (World Trade Organization), IFPRI
(International Food Policy Research Institute), IGC (International Grain
Council), IFAD (International Fund for Agricultural Development) , WFP
(Global Agricultural Monitoring) (World Food Program), OECD (Organization
for Economic Co-operation and Development), UNCTAD (United Nations
Conference on Trade and Development), and Geoglam.
country at the meeting where prospects for markets wheat, corn, soybeans
and rice were evaluated.
Tuesday May 28, 2019
The Secretary of State's Office Agribusiness participated, along with
delegates from most of the G20 countries and international organizations,
of the 15th Meeting of Global Agricultural Market Information (AMIS)
Undersecretary of Agricultural Markets, Jesus Silveyra, attended on behalf
of the national agro-industrial portfolio in the meetings held in Rome
between 27 and 28 May, to assess market prospects wheat, corn, soybeans and
rice.
The meeting was at the opening attended by the General Director of the FAO
(Food and Agriculture Organization of the United Nations), José Graziano da
Silva, who referred to the importance of AMIS and the recent mention in the
document the G20 agriculture ministers meeting in Japan, on the need for
voluntary contributions for maintenance.
Then the international macroeconomic scenario was analyzed after passing
the analysis of the markets for wheat, rice, corn and soybeans. In this
regard, stocks generally high, slumping prices (albeit with some recovery
in recent weeks) and demands within expectations (except from China) are
presented.
However, there were three predominant themes concern: climate in the United
States, which can affect the quality and yields of winter wheat, which is
delaying planting corn and soybeans; swine fever in China and Vietnam,
amending the demand for fodder and encourages meat imports; and continuity
of trade dispute between China and the US, resulting plan helps producers
launched last week by the US government.
On this last point, the analyst FAO, Ann Berg, provided an overview of
trade issues in the grain market of the last fifty years that led to the
implementation of measures that somehow distorted markets as applying
embargos and quotas, tariffs hikes, establishment of subsidies, among
others. For this reason, he said that countries should work to avoid the
use of these measures.
Another important topic of the meeting were the situations generated by
the "African Swine Fever", on which the specialists of the World
Organization for Animal Health (OIE), said that the disease has already
gone to Cambodia, Vietnam, Mongolia and Korea, thus they warned of the need
to be prepared to expansion; as well as the fight against it, will last for
years.
In addition, systems supply and demand estimates, the difficulties in
calculating the final stocks and for estimating animal consumption
addressed. In this regard, the representative of China presented
information on the 2017 Census of Agriculture.
For his part, Undersecretary Silveyra said, "are always good and useful are
meetings AMIS because they take into account the main issues affecting
markets and we have a vision of what happens in major producing and
exporting countries".
It is recalled that the AMIS (Agricultural Market Information System), was
created in 2011 on the initiative of the G20, and its mission is the
pursuit of transparency in market information for wheat, maize, soya beans
and rice and the proposed actions cases of market instability.
In addition to most of the member countries of G20, they were attended by
representatives of FAO, WTO (World Trade Organization), IFPRI
(International Food Policy Research Institute), IGC (International Grain
Council), IFAD (International Fund for Agricultural Development) , WFP
(Global Agricultural Monitoring) (World Food Program), OECD (Organization
for Economic Co-operation and Development), UNCTAD (United Nations
Conference on Trade and Development), and Geoglam.