Global Forum on Food Security and Nutrition (FSN Forum)

FAO biannual Food Outlook report

The FAO Trade and Markets Division has released the latest issue of the biannual Food Outlook report, which focuses on developments affecting global food and feed markets.

This issue highlights that for nearly all the commodities covered in the report, markets tend to exhibit a well-balanced situation at the global level. However, in some cases prospects at the country or regional level may diverge from this positive outlook. Furthermore, larger import volumes and rising shipping costs are expected to lift the global food import bill to over USD 1.3 trillion this year, up 10.6 percent from 2016.

The report can be accessed through the following link:

http://www.fao.org/3/a-i7343e.pdf.