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

Foodpolis, a future city to serve agribusiness

June 10, 2013

South Korea has launched an ambitious project: creating an industry cluster dedicated to food research, development and processing by 2015 to supply the Asian market, i.e. 32 percent of global consumption.

This “food hub” should employ 22,000 people and be home to 160 agribusinesses and 10 R&D centers. A $500 million annual investment is being planned. This new type of cluster will welcome foreign firms, and is thus determined to becoming a nerve enter for the agribusiness industry working toward global food security.

South Korea is neither the first nor the only nation to launch such a project. Netherlands already has its “Food Valley”, a gigantic cluster in which 20 R&D centers and 60 companies operate and produce an annual output of $64 million.

The mammoth project proves yet again the growing weight of agricultural and agribusiness investment that is ever more relevant today, since the world will count nine billion people by 2050. Issues and needs are changing in an increasingly more globalized and financialized context. Due to demographic pressure, the global wheat output should increase by 60 percent by 2050 in order to feed the world’s population.

There is now a greater understanding of the importance of exploring for new sustainable and best farming practices, of implementing new technologies to improve agricultural productivity and prevent not only exogenous risks––drought, flooding and pandemic––but also the endogenous risks inherent to agricultural markets––sharp price reversal and excessive speculation. For example, the monitoring program of worldwide agriculture by GEO-GLAM satellite, which was initiated in 2011 by the G20 Agricultural Meeting, has been designed to fight the agricultural price volatility caused by the combination of exogenous and endogenous risks through added information and transparency in agricultural markets.

As shown by the South Korean example, an increasing number of countries are relying on agriculture and agribusiness to meet the challenge of improving their economic competitiveness, thus acknowledging the strategic and specific nature of agriculture.
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Paris, 24 June 2019