Food Price Monitoring and Analysis (FPMA) Bulletin #5, 14 June 2023 - Monthly report on food price trends
15/06/2023
International prices of wheat and maize continued to decline in May, while rice prices increased further. The downward trend in wheat prices was mostly due to ample global supplies and subdued import demand, while an expected record crop in Brazil and higher production in the United States of America were largely behind the decline in maize prices. The extension of the Black Sea Grain Initiative also contributed to softening world prices.
Food Outlook – Biannual Report on Global Food Markets - June 2023
15/06/2023
FAO’s latest forecasts point to increases in production and higher stocks across several basic foodstuffs. However, global food production systems remain vulnerable to shocks, stemming from weather conditions, geopolitical tensions and policies, potentially tipping the delicate demand-supply balances, with implications for global food security.
Milk and Milk Products
14/06/2023
World milk production in 2023 is forecast to reach 944 million tonnes, an increase of 0.9 percent from 2022. If confirmed, this would constitute a second consecutive year of slow growth, as foreseen significant year-on-year volume reductions in milk output in South America, Africa, Europe and Oceania are likely to counter the limited expansions expected in Asia, North America and Central America and the Caribbean.
Food Outlook - June 2022
12/06/2023
In view of the soaring input prices,concerns about the weather, and increased market uncertainties stemming from the war in Ukraine, FAO’s latest forecasts point to a likely tightening of food markets in 2022.
Oilseeds, Oils & Meals. Monthly price update no. 167, June 2023
12/06/2023
The Monthly Price Update is an information product provided by the oilseeds desk of the Markets and Trade Division of FAO. It reviews the development of international prices for oilseeds, oils and meals as reflected by FAO’s price indices.
Resilience assessment of avocado and pineapple value chains
09/06/2023
Building resilience is important for agrifood systems – such as tropical fruit value chains – to prepare, withstand and adapt to a wide range of risks, including climate and non-climatic shocks and stresses. Resilience is also important to foster transformation of value chains, to both minimize the negative impacts of external risks on the supply chain and also to prevent new operational problems that could compromise the long-term viability of businesses. The FAO-led Building responsible global value chains for the sustainable production and trade of tropical fruits project conducted a comprehensive study during the last quarter of 2022 to identify the main resilience challenges that participants in the avocado and pineapple sectors are facing. The study also aimed to understand the capacities the actors from both value chains possess to prevent, anticipate, absorb, adapt and transform in view of future climate and socioeconomic risks. The report includes the main results from the study, which were validated by the project participants during a workshop held on 6 December 2022. The findings largely draw on literature review and consultations with some of the main actors from the global avocado and pineapple industries in Africa, Asia and Latin America.
OECD-FAO Agricultural Outlook 2023-2032: Chapter 9 (Biofeuls)
07/06/2023
This chapter describes market developments and medium-term projections for world biofuel markets for the period 2023-32. Projections cover consumption, production, trade and prices for ethanol and biodiesel. The chapter concludes with a discussion of key risks and uncertainties which could have implications for world biofuel markets over the next decade.
OECD-FAO Agricultural Outlook 2023-2032: Chapter 4 (Oilseeds and oilseed products)
07/06/2023
This chapter describes market developments and medium-term projections for world oilseed markets for the period 2023-32. Projections cover consumption, production, trade and prices for soybean, other oilseeds, protein meal, and vegetable oil. The chapter concludes with a discussion of key risks and uncertainties which could have implications for world oilseed markets over the next decade.
OECD-FAO Agricultural Outlook 2023-2032: Chapter 7 (Dairy and dairy products)
07/06/2023
This chapter describes market developments and medium-term projections for world dairy markets for the period 2023-32. Projections cover consumption, production, trade and prices for milk, fresh dairy products, butter, cheese, skim milk powder and whole milk powder. The chapter concludes with a discussion of key risks and uncertainties which could have implications for world dairy markets over the next decade.
Hunger Hotspots - FAO-WFP early warnings on acute food insecurity, June 2023 to November 2023 outlook
29/05/2023
The Food and Agriculture Organization of the United Nations (FAO) and the United Nations World Food Programme (WFP) warn that acute food insecurity is likely to deteriorate further in 18 hunger hotspots during the outlook period from June to November 2023.
Special Report – FAO/WFP Crop and Food Supply Assessment Mission (CFSAM) to the to Democratic Socialist Republic of Sri Lanka
25/05/2023
At the request of the government, a joint FAO/WFP Crop and Food Security Assessment Mission (CFSAM) visited Sri Lanka from 11 to 31 March 2023 to estimate the 2023 crop production, forecast the country’s cereal import requirements for the 2023 marketing year, and assess household food security conditions. The request was prompted by expectations of a below‑average agricultural output for the second consecutive year in 2023, owing to the effects of the severe macroeconomic crisis that limited imports of most agricultural inputs. To gather information on the conditions of the agriculture sector and household, and nutrition security, the mission held extensive meetings with staff of various government institutions, in particular the Ministry of Agriculture (MoA), the Ministry of Irrigation (MoI) and the “Mahaweli” Authority, the Ministry of Fisheries (MoF) and the National Aquaculture Development Authority (NAQDA), the Ministry of Finance, Economic Stabilization and National Policies (MoFESNP), the Ministry of Trade (MoT), the Department of National Planning (DNP), the Department of Census and Statistics (DCS), the Department of Meteorology, the Paddy Marketing Board (PMB), the National Fertilizer Office, the Agriculture and Agrarian Insurance Board (AAIB), the Central Bank of Sri Lanka (CBS) as well as traders, rice and wheat millers ,and agriculture input importers. In addition, the mission held consultations with staff of the World Bank (WB) and the Asian Development Bank (ADB).
GIEWS Update – The Argentine Republic, 24 May 2023
24/05/2023
Prolonged drought conditions since August 2022 have severely affected the country's 2022 wheat production and are expected to curb the 2023 maize output, currently being harvested. The decline in cereal production will likely affect farmers’ livelihoods and exert additional upward pressure on the already high prices, further constraining access to food for the most vulnerable households.
Action Report, May 2023 - Building responsible global value chains for sustainable tropical fruits
23/05/2023
The FAO led project “Building responsible global value chains for the sustainable production and trade of tropical fruits” (GCP/GLO/022/GER) works with businesses, farmer organizations and other actors in the avocado and pineapple value chains. Our goal is to improve business performance by helping these two value chains be more sustainable and more resilient. The Action Report series provide periodic updates of the project’s activities. This report was published in May 2023
Trade policy review in the countries of Eastern Europe, Caucasus and Central Asia. 1st Quarter 2023 | Bulletin
23/05/2023
This quarterly bulletin features agricultural trade policy changes in the region. It provides current trade measures, agreements, statistics and articles by experts covering trade-related issues in countries across the region, and it is sent to members of the Agricultural Trade Expert Network.
GIEWS Update – The Republic of the Sudan, 23 May 2023
23/05/2023
The eruption of armed conflict in the country has severely affected the availability of, and access to, food, against a backdrop of persisting macroeconomic challenges and frequent episodes of intercommunal violence. The food security situation has dramatically worsened since the start of the conflict, with about 19.9 million people estimated to require emergency food and livelihood assistance during the June–September lean season.
Oilseeds, Oils & Meals. Monthly price update no. 166, May 2023
11/05/2023
The Monthly Price Update is an information product provided by the oilseeds desk of the Markets and Trade Division of FAO. It reviews the development of international prices for oilseeds, oils and meals as reflected by FAO’s price indices.
Food Price Monitoring and Analysis (FPMA) Bulletin #4, 10 May 2023 - Monthly report on food price trends
10/05/2023
International prices of wheat and maize declined in April 2023 while rice prices increased. Ample supplies, strong export competition and generally favourable crop conditions in the European Union weighed on wheat prices, while ongoing harvests in South America underpinned the decline in maize prices. Rice export quotations reversed most of the declines that they registered in March 2023.
Guidelines to increase the resilience of agricultural supply chains
01/05/2023
The effects of the COVID-19 pandemic on food and agriculture have been felt all over the world. As the pandemic unfolded, considerable attention began to be paid to the resilience of agricultural supply chains to COVID-19-related shocks, as well as to natural and human-induced shocks more generally.