Markets and Trade

24/09/2026

The Banana Market Review is issued on an annual basis to Members and Observers of the Sub-Group on Bananas of the Intergovernmental Group on Bananas and Tropical Fruits, which is a subsidiary body of the Committee on Commodity Problems (CCP). The review describes full-year results on developments in global banana trade in 2025 and represents an update to the Banana Market Review Preliminary Results 2025.

14/09/2026

Global wheat, maize and rice prices increased in August 2026 due to weather concerns, strong demand and trade disruptions. Domestic staple food prices remained high in many countries, while El Niño is expected to continue into early 2027, threatening production in several regions.

10/09/2026

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.

12/08/2026

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.

06/08/2026

The brief forms part of the Bhutan country case study conducted under the FAO initiative “Trade and Sustainable Agrifood Systems”, funded by the Swiss Federal Office for Agriculture.

16/07/2026

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.

14/07/2026

Global beverage markets remain highly exposed to shocks, from extreme weather and supply constraints to pest outbreaks and logistics disruptions. The report shows that supply and demand shocks drive most global price movements, yet their effects are transmitted incompletely and unevenly across value chains, affecting producers and consumers differently.

13/07/2026

International wheat prices decreased in June 2026 as activities advanced across the Northern Hemisphere, whilemaize prices also declined on ample export supplies, with lower crude oil prices providing only limited support.

09/07/2026

Food and agricultural trade increased fivefold between 2000 and 2024, with low- and middle-income countries becoming more integrated into global markets. Yet these markets face growing exposure to shocks, including extreme weather, conflicts, pandemics, macroeconomic pressures and financial crises.

03/07/2026

The triannual Crop Prospects and Food Situation report provides a forward-looking global analysis of cereal production, market trends and acute food security conditions, with a particular attention on low-income food-deficit countries.FAO estimates that 41 countries/territories require external assistance for food: 31 in Africa, eight in Asia, one in Latin America and the Caribbean, and one in Europe.

03/07/2026

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. This report is based on information available as at June 2026.

29/06/2026

The ongoing El Niño event is expected to persist into early 2027, increasing the risk of extreme weather and adverse impacts on agricultural production in several regions. Dry conditions are forecast in parts of sub‑Saharan Africa, Far East Asia and Central America, while above‑average rainfall is expected in Near East Asia. Shipping disruptions in the Strait of Hormuz may further raise input costs and constrain supply.

29/06/2026

The OECD-FAO Agricultural Outlook 2026–2035 provides an assessment of the ten-year prospects for agricultural commodity and fish markets at national, regional, and global levels. The report highlights how rising incomes and urbanization are increasing demand for animal-source foods in middle-income countries, while also offering insights into pathways for eliminating undernourishment and reducing greenhouse gas emissions.

29/06/2026

The Agricultural Outlook 2026–2035 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.

26/06/2026

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.

18/06/2026

Despite spillovers from energy and fertilizer markets into agriculture, FAO’s latest assessments point to a still relatively favourable outlook for global food commodity markets. Cereal production is expected to ease from record highs but remain at historically elevated levels. Nevertheless, the outlook remains highly contingent on weather developments, including emergence of El Niño, which continue to pose significant risks to production.

18/06/2026

Despite spillovers from energy and fertilizer markets into agriculture, FAO’s latest assessments point to a still relatively favourable outlook for global food commodity markets. Cereal production is expected to ease from record highs but remain at historically elevated levels.

18/06/2026

Since March 2026, the escalation of the conflict in Lebanon has undermined agricultural production, disrupted supply chains and aggravated acute food insecurity, compounded by the impacts of the closure of Strait of Hormuz. Widespread population displacement of about 1 million people and restricted access to agricultural lands have severely disrupted agriculture activities, reducing labour availability, causing crop losses and impacting agricultural livelihoods.

17/06/2026

In the current edition of a regular joint bi-yearly report, the Food and Agriculture Organization of the United Nations (FAO) and the World Food Programme (WFP) warn that acute food insecurity is likely to worsen across 13 countries and territories identified as hotspots between June and November 2026, prompting an early warning for urgent humanitarian action in these identified hunger hotspots.

15/06/2026

International wheat and maize prices increased in May 2026, as weather-related production concerns, firm global import demand and energy-driven cost pressures outweighed the downward pressure exerted by ample global supplies. International rice prices also increased, underpinned by weather concerns and rising production costs, amid continued uncertainty in energy and agricultural input markets.

09/07/2026

Global food markets are facing increasing pressure from conflict, climate extremes, economic uncertainty, and supply chain disruptions. Yet despite these shocks, global food markets often recover quickly and regain their equilibrium. But the resulting food price spikes can have severe consequence...

09/07/2026

Food and agricultural trade increased fivefold between 2000 and 2024, with low- and middle-income countries becoming more integrated into global markets. Yet these markets face growing exposure to shocks, including extreme weather, conflicts, pandemics, macroeconomic pressures and financial crise...

21/05/2026

Rwanda is developing a new strategy for its tea sector, with support from FAO. The strategy prioritises premium-quality tea production, aiming to strengthen the value chain, boost output, and improve the livelihoods of smallholder farmers facing increasing challenges from the climate crisis, risi...

13/04/2026

The Strait of Hormuz has been effectively closed since 28 February. As of 13 April, vessels are still not moving in meaningful numbers. The last ships to leave before the blockade are now reaching their destinations, meaning the real supply gap is only beginning to materialise.

30/03/2026

In this episode, we sit down with David Laborde, Director of the Agrifood Economics and Policy Division at the Food and Agriculture Organization of the United Nations. 

David shares his journey as a trade economist and how it has shaped his approach to today’s agrifood systems. We dis...

10/02/2026

In this first episode of The Work We Do, we speak with Máximo Torero, Chief Economist of the Food and Agriculture Organization of the United Nations. Máximo served as the Director of Markets, Trade and Institutions Division at IFPRI and later as an Executive Director for the World Bank representing several South American countries.

28/11/2025

The International Year of the Woman Farmer 2026 aims to raise awareness of the role of women in agrifood systems and the challenges they face, including land tenure, financial and technical constraints, and limited access to services and education.

07/10/2025

For this World Cotton Day, celebrated on 7 October 2025, FAO partnered with Nigerien African fashion designer Alphadi and the Roman fashion institute – Accademia di Costume e Moda – to celebrate African cotton and fashion. Cotton, World Cotton Day, African cotton, Africa, fashion, African fashion, cotton-producing countries, Alphadi, Accademia di Costume e Moda, Cotton value chain

06/10/2025

Farmed, weaved and brought to us in diverse forms, cotton is the world's most widely used natural fibre.

06/12/2024

FAO's The State of Agricultural Commodity Markets 2024 explored the theme, "Trade and nutrition: Policy coherence for healthy diets." The 2024 edition discussed the complex linkages between food trade and nutrition and generates evidence to show how trade can affect dietary patterns and nutritional outcomes.

23/05/2024

Tea is more than a commodity, it’s a culture, a way of life. A universal symbol of comfort and good health. Much more than a beverage, tea generates employment and income worldwide, enriching the livelihoods of millions of people, empowering whole communities to thrive over generations, and providing stability in an ever-changing world.

23/05/2024

For International Tea Day 2024, multi-hyphenate (actor-model-designer-entrepreneur) Waris Ahluwalia - who was born in Punjab, India - exchanges with his mother, Darshan Ahluwalia on the importance of tea, and the importance of tea in their lives. Film directed by Danny Sangra.

21/05/2024

Discover the rich heritage of five traditional tea cultivation systems The Food and Agriculture Organization of the United Nations (FAO) has designated five incredible tea production areas as Globally Important Agricultural Heritage Systems (GIAHS) for their combination of unique landscapes, agricultural heritage and traditional farming methods passed down for generations.

22/08/2023

Recognising the long history and the cultural and economic significance of tea around the world, as well as the significant role it plays in rural development, poverty reduction and food security in developing countries, the United Nations General Assembly proclaimed 21 May as International Tea Day, calling on FAO to lead the observance.

17/05/2023

Tea is an age-old symbol of wellbeing that appears in the arts, literature, music and boasts countless colours and varieties. Around the world, tea is our most-loved drink, after water. But tea is more than just a shared experience. To millions of farmers in developing countries, tea is the main source of income.

07/10/2022

From field to fabric, the familiar touch of cotton is woven into our lives. Cotton is one of the oldest natural fibers. It is the thread connecting civilizations

07/10/2022

More than just a textile, cotton is a culture and a way of life for hundreds of millions of households worldwide. Cotton creates jobs and incomes for millions at the heart of the supply chain.

20/07/2022

Food Price Monitoring & Analysis (FPMA) Tool | Updated version Across the world and around the clock, the buying and selling of food commodities take place along supply chains that get food from producers to consumers.

28/06/2022

This edition of The State of Agricultural Commodity Markets (SOCO) discusses how trade policies, based on both multilateral and regional approaches, can address today’s challenges for sustainable development.

27/06/2022

In the last two years our world has experienced some dramatic changes. COVID-19 has shaken the foundations of our way of life. In turbulent times one feelgood gesture has connected populations across the globe. The simple act of sharing a cup of tea. We prepare tea in many ways, but this ancient ritual stretches beyond cultures. Tea is a culture in itself.

E-learning course: Agriculture in Trade Agreements

16/10/2017

Assisting developing countries in implementing current trade agreements and in preparing for trade negotiations is a core activity of FAO. Support to the implementation of the World Trade Organization (WTO) Uruguay Round Agreements and to the negotiations on agriculture under the Doha Round have been prominent activities in this area. Regional trade agreements (RTAs) are also becoming increasingly important. While agriculture is an integral part of these agreements, its treatment in RTAs has been a divisive policy issue.

 

Through the 2014 Malabo Declaration, African governments made a specific and clear commitment to boosting intra-African trade in agricultural commodities and services, and to harnessing market and trade opportunities locally, regionally, and internationally. This is increasingly regarded as a means to promote agricultural transformation in sub-Saharan Africa (SSA), since it can help address the key challenges to agricultural development in the region such as diverse agro-ecological systems, and small national markets.

 

The increasing need for trade experts to support trade related development agenda in the region has posed a major challenge. In most cases, national and regional institutions do not have the technical capacity and resources to map out national, sub-regional and regional level trade priorities and constraints; to empirically assess the implications of their multiple memberships on trade, food security and nutrition; to formulate appropriate mitigation policies and strategies; or to negotiate trade agreements that boost gains from trade and specialization.

This course therefore seeks to strengthen capacities in the Eastern and Southern Africa region, to develop and implement evidence-based trade policies, and to formulate and negotiate trade agreements, taking into consideration both their needs for economic growth and structural transformation, as well as their food security and nutrition concerns.

The course provided 4 units as below:

Unit 1:  The World Trade Organization (WTO) Agreement on Agriculture (AoA)

Lesson 1.1: Agriculture in the General Agreement on Tariffs and Trade (GATT) and the WTO AoA provisions on Market Access
 Lesson 1.2: The WTO AoA provisions on Domestic Support and Export Competition
 Lesson 1.3: The WTO AoA implementation and the Doha Round negotiations

 

Unit 2: Non-Tariff Measures (NTMs) in agriculture and related WTO Agreements

 Lesson 2.1: Introduction to NTMs in agriculture, the WTO Agreement on the Application of Sanitary and Phytosanitary (SPS) measures  
 Lesson 2.2: The WTO Technical Barriers to Trade (TBT) and other related agreements

 

Unit 3:  Agriculture in Regional Trade Agreements (RTAs) 

 Lesson 3.1: Trends in Regional Trade Agreements (RTAs)
 Lesson 3.2: RTA provisions on tariffs, TRQs, SPS and TBT
 Lesson 3.3: RTA provisions on Export Restrictions and Rules of Origin

 

Unit 4: Agriculture in Trade Agreements: Eastern and Southern Africa (ESA)

 Lesson 4.1: Treatment of Agriculture in ESA RTAs
 Lesson 4.2: Application of WTO SPS, TBT and TF Agreements in ESA RTAs
 Lesson 4.3: Treatment of SPS, TBT, TFA and Tariffs under the  Tripartite Free Trade Area (TFTA)
 Lesson 4.4: Third Party RTAs and their implications on ESA