Objective The literature published in the last 3 years trying to explain agricultural markets instability during 2007-2009 offers inconclusive results about its causes and impacts. On balance, available scientific evidence gives insufficient guidance for prioritizing policy initiatives, and for effectively averting and mitigating new food crises. Based on an integrated approach, Project ULYSSES seeks to provide general, but sufficiently detailed, responses to the main questions that have been recently posed in the literature and debated in political sphere: a)What are the causes of markets’ volatility increases since 2007?;b)What drivers are volatility-increasing and which others are price level-increasing?; c)How likely is that the main commodity markets will experience new episodes of large volatility?d)To what extent increasing volatility affects agents in the value chain?;e)What are the actual impacts on the most vulnerable households in the EU and in selected developing countries?; f)What policies are more effective to avert and mitigate the effects of markets’ volatility at the EU and international levels?ULYSSES has six objectives:1.Review the literature on prices volatility of food, feed and non-food commodities2.Analyse agricultural markets, using updated data, new methods and markets linkages with a view to determine the causes of markets' volatility3.Identify and evaluate the drivers and factors causing markets volatility, and make projections for supply shocks, demand changes and climate change impacts on agricultural production.4.Evaluate the impact of markets volatility in the food supply chain in the EU and in developing countries, analysing traditional and new instruments to manage price risks.5.Evaluate impacts of markets volatility on households in the EU and developing countries.6.Draw policy-relevant conclusions that help the EU define market management strategies within the CAP after 2013 and inform EU’s standing in the international context. Fields of science natural sciencesearth and related environmental sciencesatmospheric sciencesclimatologyclimatic changes Programme(s) FP7-KBBE - Specific Programme "Cooperation": Food, Agriculture and Biotechnology Topic(s) KBBE.2012.1.4-05 - Volatility of agricultural commodity markets Call for proposal FP7-KBBE-2012-6-singlestage See other projects for this call Funding Scheme CP-FP - Small or medium-scale focused research project Coordinator UNIVERSIDAD POLITECNICA DE MADRID EU contribution € 368 005,00 Address CALLE RAMIRO DE MAEZTU 7 EDIFICIO RECTORADO 28040 Madrid Spain See on map Region Comunidad de Madrid Comunidad de Madrid Madrid Activity type Higher or Secondary Education Establishments Administrative Contact Roberto Prieto Lopez (Prof.) Links Contact the organisation Opens in new window Website Opens in new window Total cost No data Participants (5) Sort alphabetically Sort by EU Contribution Expand all Collapse all WAGENINGEN UNIVERSITY Netherlands EU contribution € 318 936,00 Address DROEVENDAALSESTEEG 4 6708 PB Wageningen See on map Region Oost-Nederland Gelderland Veluwe Activity type Higher or Secondary Education Establishments Administrative Contact Ineke Van Driel (Ms.) Links Contact the organisation Opens in new window Website Opens in new window Total cost No data JRC -JOINT RESEARCH CENTRE- EUROPEAN COMMISSION Belgium EU contribution € 247 408,00 Address Rue de la Loi 200 1049 Bruxelles / Brussel See on map Region Région de Bruxelles-Capitale/Brussels Hoofdstedelijk Gewest Région de Bruxelles-Capitale/ Brussels Hoofdstedelijk Gewest Arr. de Bruxelles-Capitale/Arr. Brussel-Hoofdstad Activity type Research Organisations Administrative Contact Vincenzo Cardarelli (Mr.) Links Contact the organisation Opens in new window Website Opens in new window Total cost No data UNIVERSITY OF NATIONAL AND WORLD ECONOMY Bulgaria EU contribution € 92 260,00 Address STUDENTSKI CHRISTO BOTEV 1700 Sofia See on map Region Югозападна и Южна централна България Югозападен София (столица) Activity type Higher or Secondary Education Establishments Administrative Contact Plamen Mishev (Prof.) Links Contact the organisation Opens in new window Website Opens in new window Total cost No data GEORG-AUGUST-UNIVERSITAT GOTTINGEN STIFTUNG OFFENTLICHEN RECHTS Germany EU contribution € 237 740,00 Address WILHELMSPLATZ 1 37073 Gottingen See on map Region Niedersachsen Braunschweig Göttingen Activity type Higher or Secondary Education Establishments Administrative Contact Nadja Daghbouche (Mrs.) Links Contact the organisation Opens in new window Website Opens in new window Total cost No data THE FOOD AND AGRICULTURE ORGANIZATION OF THE UNITED NATIONS Italy EU contribution € 227 020,00 Address VIALE DELLE TERME DI CARACALLA 00153 Roma See on map Region Centro (IT) Lazio Roma Activity type Public bodies (excluding Research Organisations and Secondary or Higher Education Establishments) Administrative Contact Bart Van Ommen (Mr.) Links Contact the organisation Opens in new window Website Opens in new window Total cost No data