Markets and Trade

26/04/2023

El Niño oceanographic phenomenon forecast to return in June 2023, following three years of La Niña. Dry weather conditions are expected in key cropping areas of Central America, Southern Africa and Far East Asia, while excessive rainfall and possible flooding are foreseen in Near East Asia and East Africa.

18/04/2023

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.

14/04/2023

International prices of all major cereals declined in March. World wheat prices fell significantly, reflecting ample supplies, strong export competition and the extension of the Black Sea Grain Initiative (BSGI). A mix of factors, including ongoing harvests in South America, expected record output in Brazil and currency depreciation in Argentina, led to a decline in maize prices.

04/04/2023

FAO’s Responsible Business Conduct Quarterly Bulletin (RBC-Q) shares events and resources on FAO’s activities on Responsible Global Value Chains and news from around the world related to business, risk and development in the agricultural sector. It is prepared by FAO’s Markets and Trade Division (EST). This issue of the bulletin covers the period January-March 2023.

31/03/2023

Incentives are one of many tools that governments can use to promote investment. Incentives may encourage the establishment or growth of a sector and lead to jobs and revenue growth. Incentives may also have social and environmental sustainability impacts.

22/03/2023

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.

20/03/2023

Between 11 and 31 December 2022, following a request by the Ministry of Agriculture and Forestry (MoAF), the Food Security Technical Secretariat (FSTS), assisted by the Food and Agriculture Organization of the United Nations (FAO), the Ministry of Animal Resources and Fishery (MoARF), the Strategic Reserve Corporation (SRCo), the World Food Programme (WFP), the Famine Early Warning System Network (FEWS NET) and the United States Agency for International Development (USAID), carried out its annual Crop and Food Supply Assessment Mission (CFSAM) to determine the 2022 crop production and the food supply situation throughout the 18 states of the country. Field visits were designed to collect data and information from state ministries and irrigation schemes and to audit it through transects, field observations and interviews with farmers and independent key informants. The aim of the recommendations is to strengthen domestic production, to improve food security and to enhance market functioning in the country.

11/03/2023

The cereal supply and demand balances included in this report present a subset of data from the FAO/GIEWS Country Cereal Balance System (CCBS) database created and continuously kept up to date by the Global Information and Early Warning System on Food and Agriculture (GIEWS) and Basic Foodstuffs teams of the Markets and Trade Division, with data since 1980.

10/03/2023

After edging down for the past three months, international prices of wheat firmed marginally in February, mostly reflecting strong demand and concerns over dry weather conditions in some major exporters. World maize prices were nearly unchanged in February, with mixed price trends among the major exporters. International rice prices eased in February, amid exchange rate movements and a slowdown in trading activities in most major Asian exporters.

07/03/2023

At the request of the government, a joint FAO/WFP Crop and Food Security Assessment Mission (CFSAM) visited the country from 14 November to 2 December 2022 to estimate the 2022 crop production, to forecast the country’s import requirements for 2023 and to estimate the number of food insecure people. The mission’s aim was to provide an accurate picture of the severity and extent of the impact of unfavourable weather conditions in northern and central parts of the country, macroeconomic difficulties and high agricultural input prices, namely fertilizer, fuel and electricity, on agriculture in 2022.

03/03/2023

The cereal supply and demand balances included in this report present a subset of data from the FAO/GIEWS Country Cereal Balance System (CCBS). The CCBS is a is a unique database created and continuously kept up to date by the Global Information and Early Warning System on Food and Agriculture (GIEWS) and Basic Foodstuffs teams of the Markets and Trade Division, with data since 1980. It contains annual supply and utilization balances for the main cereals produced and consumed for over 220 countries/areas, from which (sub) regional and global aggregates are drawn. This report is based on information available as of February 2023.

03/03/2023

FAO assesses that 45 countries, including 33 in Africa, nine in Asia, two in Latin America and the Caribbean, and one in Europe, are in need of external assistance for food. Prospects of persisting drought in East Africa raise serious concerns about levels of acute food insecurity, with famine projected to occur among agropastoral households in Somalia. Globally, while international prices have softened, local food prices remain high and continue to severely hinder access to food.

23/02/2023

The Food and Agriculture Organization of the United Nations (FAO) launched an initiative to assess the existing impediments for scaling innovation and technology in food and agriculture (AgTech) and to identify options to improve the enabling environment for AgTech-focused businesses. The initiative offers a tool for decision makers to promote the uptake of AgTech, investment and entrepreneurship in Africa, ultimately to advance agricultural productivity and food security. The first cohort evaluates the AgTech ecosystems in three East African countries: Kenya, Rwanda, and Uganda.

16/02/2023

Food safety measures are essential to protect the health of consumers and to promote confidence in international markets. It is therefore crucial to ensure that food safety measures and controls are in place to protect public health while avoiding unnecessary costs and barriers to trade.

14/02/2023

Cotton is a key driver of economic growth, sustaining millions of farmers and families across 80 countries in five continents. It also represents an important source of foreign exchange for a number of low- and middle-income countries. World cotton trade began to trend upwards in the early 2000s with the implementation of the commitments undertaken at the Uruguay Round of the World Trade Organization (WTO), and is projected to expand steadily over the next decade.

10/02/2023

International prices of wheat fell again in January, as the short-term outlook for global supplies continued to improve, in particular following latest estimates of larger 2022 outputs in Australia and the Russian Federation than earlier expected. By contrast, international coarse grain prices firmed marginally, mostly reflecting the continued strong demand for maize supplies from Brazil.

05/02/2023

The outbreak of the COVID-19 pandemic in 2020 and the Russian–Ukrainian conflict, which began in February 2022, have tested the resilience of the food and agricultural trade network at a global level. The global dimension of these crises meets a policy landscape in which multilateral trade negotiations have largely stalled and regional approaches to trade integration are proliferating rapidly.