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Food Outlook, June 2017

Biannual Report on Global Food Markets

Food commodity markets tend to exhibit a well-balanced situation at the global level for nearly all the commodities covered in this report, although in some cases prospects at the country or regional level may diverge from this positive outlook. 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.

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