IAMO symposium at Agritechnica 2009

12.11.09

"Crisis as chance?" This question will be raised at the IAMO symposium at the Agritechnica 2009 ...

Crisis as chance?
A joint event of IAMO and DLG

Thursday 12.11.2009 | 10am-12am
Agritechnica 2009 | Messegelände, 30521 Hannover
Convention Center, room 13

Over the last two years there have been considerable price fluctuations for agro raw materials. In 2007 prices had a rising tendency, also in the beginning of 2008, until in March 2008 they reached record level. Afterwards a phase with sinking prices followed. At the turn 2008/2009 prices reached an all-time low. In the literature various reasons have been identified for the price boom. On the one hand different factors are mentioned which are related to the "physical" market, on the other hand the financial crisis and by this the financial markets itself are seen as crucial in this case. Especially the developments in the goods option markets have to be considered here. For example in 2003 approx. 13 billion US$ were invested in raw material price indexes, where as in March 2008 it were already 260 billion US$. At this point it could be noticed that new stakeholders like for example American International Group (AIG) became active. But often there was no clear distinction between different factors so that it is hard to tell if the financial crisis was significant for the price fluctuations. To find ways to overcome the impacts of the crisis or to even emerge from it stronger than before one has to analyse the reasons separately. Based on this experience companies can develop strategies to handle the crisis successfully.

Welcome address 
Carl-Albrecht Bartmer, President, German Agricultural Society (Deutsche Landwirtschafts-Gesellschaft (DLG))

Introductury lectures
"Impacts of the crisis in Central and Eastern Europe"
Prof. Dr. Alfons Balmann, Director, Leibniz Institute of Agricultural Development in Central and Eastern Europe (IAMO)

"Risk and crisis management along the supply chain –  challenges for the food industry"
Dr. Michael Lendle, Managing Director, AFC Risk & Crisis Consult GmbH

Panel discussion with
Prof. Dr. Alfons Balmann, Director Leibniz Institute of Agricultural Development in Central and Eastern Europe (IAMO)
Dr. Olga Hunger, Head Cooperation CIS countries, German Agricultural Society (Deutsche Landwirtschafts-Gesellschaft (DLG))
Dr. Michael Lendle, Managing Director, AFC Risk & Crisis Consult GmbH
Stefan von Stegmann, Vice President, Sales, Agricultural and Turf Division,
Europe, North Africa, Middle East; John Deere
Dr. Axel Stockmann, Head Department Food, Agriculture and Consumer Protection; German Embassy Moscow

Moderation
Dietrich Holler (Chief Editor agrarzeitung)