The Joint Research Centre is implementing a project about the monitoring of prices in EU agri-food supply chains.
The project is a follow-up of the recommendations of the Agricultural Markets Task Force (AMTF) which had been established by the EC in 2016. The AMTF suggested, that the EC should take steps to increase transparency to foster more competition along the agri-food supply chain. It recommended introducing mandatory price reporting, collecting the data in a timely and standardised manner, and disseminating it in a duly aggregated form. The AMTF suggested further that consumption data and producers’ input prices could be integrated into existing information systems, and that the calculation of a “Food Euro” for all major food products at EU and Member State level could be useful – without duplicating data collection efforts that are already ongoing.
Source and read more at: https://ec.europa.eu/eusurvey/runner/MarketTransparency