Russia, Egypt Yet to Contribute to AMIS Commodity Database
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Russia, Egypt and Nigeria are among the five countries that still need to contribute data to the Agricultural Market Information System set up by Group of 20 countries to avoid a repeat of the 2007-08 food-price crisis.
The others are Kazakhstan and Saudi Arabia, David Hallam, head of markets and trade at the United Nations’ Food & Agriculture Organization, said in an interview in Geneva yesterday. Russia was the world’s third-largest wheat exporter in 2011-12, and Egypt was the biggest buyer of the grain, while Nigeria is the world’s biggest rice importer, according to U.S. Department of Agriculture estimates.