The United States, as Chair of the G-20 Agricultural Market Information System (AMIS) group, has consulted with G-20 and other experts at the October 3-4 regularly scheduled AMIS meeting in Rome. The U.S. concurs in the judgment of the G-20 AMIS representatives that in light of the information available to us today, agricultural commodity markets are functioning and a meeting of the Rapid Response Forum is not necessary at this time.
Governments around the world, including large agricultural exporters in G-20, have exercised prudence and responsibility in policy-making, including by avoiding export bans that exacerbated volatility in 2007-2008.
