The State of Agricultural Commodity Markets 2006 is the second issue of a new biennial publication that is intended to expand FAO's existing series of “The State of …” reports. While the findings and conclusions presented rely on technical analysis by FAO commodity and trade specialists, this is not a technical report. Rather, it aims to present commodity market issues in an objective, transparent and accessible way to the attention of a wider public, including policy-makers, commodity market observers and all those interested in commodity market developments and their impact on developing countries.