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Food Outlook – Biannual Report on Global Food Markets

jun/21

Year of publication 2021

Place of publication Rome, Italy ;

Pages 188 p.

Author FAO

Publisher FAO ;

Product type Book (series)

ISBN 978-92-5-134334-0

Series title Food Outlook

Series number jun/21

Edition 1

Synopsis (short abstract) 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

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

Surging trade, record import bills and rising food prices: how the international food system kept a lid on a global health crisis

The special feature 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. With rapidly rising international food prices, alternative indicators to better capture this momentum are also presented. Read it here.

Food import bills

Against the background of fast expanding trade and a surge in food import bills, which has come to characterise much of the 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.​ Read it here. Last updated date 15/06/2021 (typo corrected).

Cite this content as:

FAO. 2021. Food Outlook – Biannual Report on Global Food Markets: June 2021. Rome.

https://doi.org/10.4060/cb4479en

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