Food Outlook - June 2010

Year of publication2010

AuthorFAO

PublisherFAO

AbstractAs this report goes to print, concerns over macroeconomic prospects and global financial markets are once more gaining the headlines. Changes in the economic environment, including continuing fluctuations in exchange rates and high unpredictability have a strong influence on agricultural commodity markets. From the supply side, however, the 2008-2009 price boom spurred plantings and production of many food crops, resulting in a recovery in inventories and boosting stocks-to-use ratios, a tendency likely to prevail also in 2010/11. In fact, from sugar to wheat, most indicators point to increasing world supplies, a leading factor behind the sharp declines in international prices of major food staples this year.

 

Product typeBook (stand-alone)

SeriesFood Outlook

Areas of workGlobal Commodity Markets

KeywordsFood security; food chains; food production; food shortages; food stocks; food supply; markets; commodity markets; production statistics; trade statistics; monitoring; resource evaluation