Publications detail

International grain reserves and other instruments to address volatility in grain markets

In view of the controversies surrounding the topic of grain stocks and other instruments to reduce price volatility in food commodity markets, and at the request of the Organizing Committee of the World Grain Forum 2009, the three sponsoring committees, The World Bank (WB), the Food and Agriculture Organization of the United Nations (FAO) and the European Bank for Reconstruction and Development (EBRD) have commissioned the present working paper on international grain reserves and other instruments to address volatility in grain markets.

The purpose of this working paper is to inform international debates on the occasion of the World Grain Forum 2009 on issues and options related to price volatility in food commodity markets with special reference to international grain reserves. It disseminates the findings of work in progress to encourage the exchange of ideas about development relevant issues. It was prepared as an input for the World Grain Forum 2009 and into subsequent discussions.