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Food Outlook – Biannual Report on Global Food Markets

nov/20












Markets at a Glance

  • Wheat
  • This report provides an analysis of the most recent developments in the global wheat market, including a short-term outlook. Read it here.
  • Coarse Grains
  • This report provides an analysis of the most recent developments in the global coarse grains market, including a short-term outlook. Read it here.
  • Rice
  • This report provides an analysis of the most recent developments in the global rice market, including a short-term outlook. Read it here.
  • Oilcrops, oils and meals
  • This report provides an analysis of the most recent developments in the global oilcrops market, including a short-term outlook. Read it here.
  • Sugar
  • This report provides an analysis of the most recent developments in the global sugar market, including a short-term outlook. Read it here.
  • Meat and meat products
  • This report provides an analysis of the most recent developments in the global meat market, including a short-term outlook. Read it here.
  • Milk and milk products
  • This report provides an analysis of the most recent developments in the global milk market, including a short-term outlook. Read it here.
  • Fish and fishery product
  • This report provides an analysis of the most recent developments in the global fish market, including a short-term outlook. Read it here.

Special features

Recent trends in food imports bills and export earnings: the COVID-19 challenge

The onset of the COVID-19 pandemic triggered fears as to whether international markets would still have the capacity to meet demands from countries that depend on trade for ensuring the food security of their populations. Actual data available up to June 2020, however, suggest strong, albeit not complete, resilience of the global food markets to COVID-19 shocks. Read it here.

Commodity Focus

Preliminary assessment of the impacts of the COVID-19 pandemic on trade in bananas and tropical fruits: Apparent resilience and vulnerabilities

Amid an extraordinarily rapid decline in global economic activity and international transport, world supply and demand for bananas and tropical fruits have experienced COVID-19-related disruptions and contractions through several channels of transmission. This article presents a preliminary assessment of the current market situation and potential implications of the COVID-19 pandemic for the production, trade and consumption of bananas and tropical fruits in 2020. Read it here.

Last updated date 13/11/2020 (data updated), see corrigendum


FAO. 2020. Food Outlook – Biannual Report on Global Food Markets: November 2020. Rome.




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    Food Outlook – Biannual Report on Global Food Markets
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    Food markets will face many more months of uncertainty related to the COVID-19 pandemic. However, while most markets are braced for a major global economic downturn, the agri-food sector is likely to display more resilience to the crisis than other sectors. Food Outlook is published by the Trade and Markets Division of FAO under Global Information and Early Warning System (GIEWS). It is a biannual publication focusing on developments affecting global food and feed markets. Each report provides comprehensive assessments and short term forecasts for production, utilization, trade, stocks and prices on a commodity by commodity basis and includes feature articles on topical issues. Food Outlook maintains a close synergy with another major GIEWS publication, Crop Prospects and Food Situation, especially with regard to the coverage of cereals. Food Outlook is available in English. The summary section is also available in Arabic, Chinese, French, Russian and Spanish.
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    Book (series)
    Food Outlook – Biannual Report on Global Food Markets
    jun/21
    2021
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    Against the background of fast expanding trade and a surge in food import bills, which has come to characterise much of developments shaping global food markets in 2020/21, early forecasts for 2021/22 point to resilient food trade and a continuation of strong international prices amidst many supply and demand uncertainties. This report provides supply and demand forecasts for basic foodstuffs, fish and fishery products along with price analysis and policy information. The report’s special feature of this report puts recent trends in global food trade under the spotlight, with particular focus on how commodity flows have measured-up during the COVID-19 pandemic. Contrary to widespread predictions of a collapse in global markets, recent data show that trade continues to reach new heights. A novel metric is introduced that better captures the price momentum underway in international markets. Food Outlook is published by the Markets and Trade Division of FAO as part of the Global Information and Early Warning System (GIEWS). It is a biannual publication (November and June) focusing on developments in global food markets. Food Outlook maintains a close synergy with another major GIEWS publication, Crop Prospects and Food Situation, especially with regard to the coverage of cereals. Food Outlook is available in English. The summary section is also available in Arabic, Chinese, French, Russian and Spanish
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    Book (series)
    Food Outlook – Biannual Report on Global Food Markets 2021
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    Despite generally favourable supply prospects, international prices of most food commodities continue to remain high on robust trade with demand holding firm. Larger imports and soaring freight costs are expected to push up the world food import bill to over USD 1.75 trillion in 2021, a rise of 14 percent (USD 218 billion) from 2020 and 12 percent from the previous report in June. This report provides supply and demand forecasts for basic foodstuffs, fish, and fishery products along with price analysis and policy information. The Special Feature examines the pathways and impacts of rapidly rising input prices, especially those of energy derived from fossil fuels, which can have detrimental effects on the global food economy in terms of their influence on food prices and future price developments, as well as their likely consequences for global food security. Food Outlook is published by the Markets and Trade Division of FAO as part of the Global Information and Early Warning System (GIEWS). It is a biannual publication (November and June) focusing on developments in global food markets. Food Outlook maintains a close synergy with another major GIEWS publication, Crop Prospects, and Food Situation, especially with regard to the coverage of cereals. Food Outlook is available in English. The summary section is also available in Arabic, Chinese, French, Russian, and Spanish.

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