A new vision for agriculture
momagri, movement for a world agricultural organization, is a think tank chaired by Christian Pèes.
It brings together, managers from the agricultural world and important people from external perspectives,
such as health, development, strategy and defense. Its objective is to promote regulation
of agricultural markets by creating new evaluation tools, such as economic models and indicators,
and by drawing up proposals for an agricultural and international food policy.
A look at the news

"To avoid disaster, it is best to organize1"

October 21, 2013

Paris was the capital of the European grain sector during the 53rd European Commodities Exchange held on October 10 and 11, 2013. As the largest international event for the grain trade, the meeting gathered close to 3,000 professionals from 50 countries––collectors, cooperative businesses, traders, providers of logistics, laboratories and brokers.

At a time when a new CAP has been adopted, the gathering provided an opportunity to focus on France’s position as Europe’s largest and the world’s second-largest wheat exporter, as well as the standing of the European grain sector. With this aim in mind and in a statement to the press, Baudouin Delforge, President of the General Union of the Paris Commodities Exchange (SGBCP) and organizer of the event, called for increased ties between French, European and world operators of the sector in a highly unpredictable and unstable environment.

Among the speakers, Minister Stéphane Le Foll, just back from the FAO ministerial meeting in Rome, took the opportunity of the meeting to emphasize the need to implement an international regulation policy for agricultural markets due to the long-lasting price volatility. Addressing the extreme financialization of markets and its related distorting practices, Stéphane Le Foll also underscored the damages of excessive speculation, which––although “a useful too”––“must not be disconnected from physical markets.” Accordingly, France adopted this past July a regulation law that splits banking activities and prohibits speculation for one’s account on agricultural commodities.

The minister’s statement also echoes the words of the SGBCP President advocating France to meet the challenges of agricultural trade and develop an awareness of the strategic scope of agriculture for the sake of French competitiveness.

Lastly, the 53rd European Commodities Exchange reveals a defining trend: Agriculture is a specific and strategic sector, not only for France but also for the world. Since its creation, momagri has fully recognized the full value of these two major characteristics of agriculture.

1 Stéphane Le Foll, French Minister of Agriculture, Food and Forestry, addressing the 53rd European Commodities Exchange.
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Paris, 25 June 2019