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FAO; A NEW PROJECT TO IMPROVE COST AND PRICE MONITORING IN AGRIFOOD SUPPLY CHAINS KICKS OFF

The project aims to determine the current status of Turkey’s agrifood cost and price monitoring systems with a view to enhancing the capacity of the Ministry of Agriculture and Forestry…

25 January 2022, Ankara  Inflation is pushing food prices upwards around the globe and the agrifood system is facing multiple threats including from the climate crisis, conflicts and economic shocks. FAO-Turkey has responded to these issues in a timely manner by developing a new Technical Cooperation Project entitled Support for Improved Cost and Price Monitoring in Agrifood Supply Chain. The project aims to determine the current status of Turkey’s agrifood cost and price monitoring systems with a view to enhancing the capacity of the Ministry of Agriculture and Forestry (MoAF). FAO will help the Ministry to meet these challenges and take necessary measures to address price volatility and price shocks through improved monitoring systems for decision-making.

The kickoff meeting for the project was held on 10 January 2022 with the participation of experts from FAO and MoAF. Experts emphasized the importance of monitoring costs and prices at all stages of the agrifood system, especially in the context of increasing inflation and associated impacts on a global scale. The project will also contribute to the Ministry’s 2019-2023 Strategic Plan and to achieving “Zero Hunger” – the second of the United Nations Sustainable Development Goals.

The meeting included several presentations. Abdullah Vural, Head of Management Information Systems and Statistics Department at MoAF, informed the participants about current agrifood price and cost monitoring systems in Turkey. Giorgi Kvinikadze, Lead Technical Officer of the Project, explained the project in more detail and introduced FAO’s Food Price Monitoring and Analysis tool. And Laszlo Palvolgyi, International Project Expert, shed light on price and cost monitoring in agrifood supply chains.

All participants also agreed that the project will bolster cooperation between FAO and MoAF. Project activities will continue over the upcoming period.

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About İsmail Uğural

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