Markets and Trade

01/03/2021

On top of a decade of exacerbated disaster loss, exceptional global heat, retreating ice and rising sea levels, humanity and our food security face a range of new and unprecedented hazards, such as megafires, extreme weather events, desert locust swarms of magnitudes previously unseen, and the COVID-19 pandemic.

22/02/2021

Rainfall deficits since the start of the cropping season in northern Cabo Delgado and Nampula provinces have negatively affected crops, curbing cereal production prospects in 2021. The ongoing conflict in Cabo Delgado Province and the effects of the COVID-19 pandemic have heightened households’ vulnerability and are expected to aggravate conditions in 2021. The 2021 cyclone season is still active and more cyclones could further undermine food availability and access in the north.

10/02/2021

International prices of maize surged in January amid shrinking global export supplies and large purchases by China (mainland). Prices of wheat and barley also increased significantly, supported by strong import demand. Export prices of rice increased for a second successive month reflecting robust demand from Asian and African buyers, combined with tight supplies in Thailand and Viet Nam, two major exporting countries. In East Africa, prices of coarse grains generally followed mixed trends in January. In most countries, prices were around or below their year-earlier levels, except in the Sudan and South Sudan, where despite some seasonal declines, they were still at near‑record highs, underpinned by insufficient supplies and severe macro-economic difficulties, including continuous and sustained depreciation of the local currencies. In Central America, despite the ongoing second season harvest, prices of beans increased further in January and were well above their year-earlier levels, especially in Guatemala, Honduras and Nicaragua, reflecting crop losses caused by the two consecutive hurricanes in November 2020.

09/02/2021

Significant rainfall deficits in the southern regions have caused a decline in the area planted to staple foods and led to poor vegetation conditions in cropped areas, curbing production expectations in 2021. The foreseen production decline would follow several consecutive years of below-average harvests and would likely trigger an increase in the prevalence and severity of food insecurity, with several districts already nearing critical levels of severe acute malnutrition. The adverse effects of the COVID-19 pandemic have further heightened households’ vulnerability to food insecurity.

05/01/2021

This report finds that the decline in the tea sector in Mauritius is the result of uncoordinated institutional actions, the absence of comprehensive policy and national strategies, weak legislation and regulatory framework.

17/12/2020

Favourable weather, coupled with improved security conditions, led to an upturn in cereal production in 2020. Despite a well above-average wheat harvest, after accounting for anticipated Government imports and food assistance, an uncovered gap between total availability and utilization is expected during the 2020/21 marketing year (July/June). Ample domestic production of barley is likely to be sufficient to cover domestic feed and seed needs in the 2020/21 marketing year (July/June).

16/12/2020

The December issue of the Meat Market Review presents emerging trends and outlook of international meat prices, global meat production and trade in meat products. In November, the FAO Meat Price Index rose, after 10-months of decreases, underpinned by a fast pace of purchases by China and limited supplies of most meat products. World meat production in 2020 is forecast to fall due to the African swine fever viral disease that constrained pig meat production in East Asia. However, world trade in poultry and pig meat products is rising, induced by robust import demand from East Asia. Many other countries are curtailing imports, reflecting market disruptions, lower household incomes and logistical hurdles that resulted from the global health crisis.

16/12/2020

The 2019 compendium offers an overview of salient government policies and related private sector measures concerning global and national markets for oilcrops and derived products. Its purpose is to facilitate the work of policy makers, market experts, analysts and other interested stakeholders by providing a short, concise overview of policy developments relevant to the sector. Detailed news items are presented in tabular form (in English only), preceeded by a brief discussion of the key policy trends observed in the year under review.

14/12/2020

The Agricultural Outlook 2020-2029 is a collaborative effort of the Organisation for Economic Co-operation and Development (OECD) and the Food and Agriculture Organization (FAO) of the United Nations. It brings together the commodity, policy and country expertise of both organisations as well as input from collaborating member countries to provide an annual assessment of the prospects for the coming decade of national, regional and global agricultural commodity markets. This year's edition features a short scenario on COVID-19 and its impact on food and agriculture.

11/12/2020

The December issue of the FAO Dairy Market Review highlights the emerging trends and outlook. It indicates that international dairy prices are rebounding slowly, but remain below their pre-pandemic levels. Considering the overall dairy product price movements from January to November, only cheese quotations registered an increase, reflecting persistent and robust import demand from Asia and internal demand in Europe. Despite COVID-19-related market disruptions, world milk production is rising, mostly in Asia, but also in Europe and North America. In the meantime, international trade in butter, cheese and whole milk powder could expand, but skim milk powder trade (SMP) may contract.

10/12/2020

International prices of wheat and major coarse grains increased further in November, reflecting continued strong global demand. However, rice values remained steady with support provided by tight availabilities and currency movements in selected South East Asian exporters countering limited demand and harvest pressure in other major origins. In East Africa, prices of coarse grains increased further in the Sudan and South Sudan in November, reaching record highs in several markets of both countries, underpinned by insufficient supplies and difficult macro-economic conditions, including a sustained depreciation of the national currencies. In West Africa, prices of coarse grains eased further in Nigeria with fresh supplies from the 2020 harvest but supply chain bottlenecks amid generally difficult macro-economic conditions sustained them well above their year-earlier values, particularly in the northeast where persistent conflict exacerbated the economic challenges. In Central America, prices of maize and beans increased, especially in Guatemala, Honduras and Nicaragua, hit hard by hurricanes Eta and Iota.

03/12/2020

FAO assesses that globally 45 countries, 34 of which in Africa, continue to be in need of external assistance for food. The impact of the COVID-19 pandemic, particularly in terms of income losses, is an important driver of the levels of global food insecurity, exacerbating and intensifying already fragile conditions. Conflicts, weather events and pests remain critical factors underpinning the high levels of severe food insecurity.

03/12/2020

This statistical report contains a subset of CCBS data and presents updated cereal supply and demand balances for all sub-Saharan African countries. It complements the information of the FAO/GIEWS Crop Prospects and Food Situation report and is published four time a year with the same schedule.

01/12/2020

The United Nations Common Guidance on Helping Build Resilient Societies (in short, UN Resilience Guidance) comes at a time when resilience is being pushed to its limits globally. The widespread health, socio-economic and other impacts of the COVID-19 pandemic are likely to reverberate long into the future, deepening existing inequalities, hunger and poverty and shrinking economies.

19/11/2020

The COVID-19 pandemic has generated serious threats to food security and nutrition and has greatly affected livelihoods and working conditions in agricultural value chains. This policy brief focuses on the role of responsible investment and responsible business conduct along agricultural value chains in the context of the COVID-19 pandemic. It provides policy recommendations for governments, investors, enterprises and civil society on how they can encourage responsible investment and responsible business conduct in agriculture in these challenging times.

10/11/2020

International prices of grains increased sharply again in October, driven by reduced production prospects, tighter inventories and strong import demand. By contrast, international prices of rice fell further with the start of the main crop harvests and lacklustre demand. In East Africa, prices of coarse grains followed mixed trends in October, tracking seasonal patterns. In most countries, prices were around or below their year-earlier levels, except in the Sudan and South Sudan, where they reached new record highs in several markets.  The impact of insufficient supplies and macro‑economic challenges were compounded by a further recent depreciation of the currency in South Sudan and by flood‑related trade disruptions in the Sudan. In West Africa, with the beginning of the 2020 harvest, the upward surge of prices of coarse grains in Nigeria halted, but prices remained well above their historical levels as a result of the difficult macro-economic environment and the disruptive impact of COVID-19-related restrictive measures to the supply chains.