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.

International prices of all major cereals declined in June. Seasonal supplies put downward pressure on both wheat and maize prices, with wheat harvests starting in the Northern Hemisphere and maize harvests continuing in the Southern Hemisphere. Rice prices also declined amid subdued demand for non-Indica rice and efforts to attract export sales in Pakistan. In most countries monitored by FAO, domestic prices of basic foods in June 2023 remained above...

The note analyses key features of the interplay between trade and gender equality in agriculture exploring gender dynamics in agrifood value chains and their implications for developing countries, with a focus on the dimensions of employment, market participation and entrepreneurship. Globally, gender inequalities constrain women’s access to agrifood markets and have an impact on agricultural value chain development, trade performance and economic growth. Agrifood trade can lead to social and...

FAO assesses that globally 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. Although drought conditions eased in East Africa, production prospects remain unfavourable in 2023, while conflicts in several parts of the African continent are aggravating food security concerns. At the global level, El Niño poses a risk to agricultural...

The Russian Federation and Ukraine are among the most important producers of agricultural commodities in the world. Both countries have been net exporters of agricultural products and leading global suppliers of foodstuffs. Between 2017/18 and 2021/22, the two countries accounted, on average, for 8.8 percent of the global output of barley, wheat and maize, with the Russian Federation accounting for 5.4 percent and Ukraine for 3.4 percent. The contribution of...

This handbook was developed by OECD and FAO to help companies embed considerations on deforestation and forest degradation into their corporate due diligence procedures. It is informed by FAO’s extensive work and experience on halting deforestation and forest degradation and promoting responsible governance of tenure. The handbook builds on the leading international, government-backed standards on supply chain due diligence and responsible business conduct: the OECD Guidelines for Multinational Enterprises and...

The OECD-FAO Business Handbook on Deforestation and Due Diligence in Agricultural Supply Chains aims to help companies incorporate deforestation and forest degradation considerations in their supply chain due diligence and responsible sourcing efforts and adopt a holistic approach to deforestation risk and forest-positive outcomes. It builds on the risk-based due diligence framework of the OECD-FAO Guidance for Responsible Agricultural Supply Chains, the leading international framework on responsible business conduct and...

Strengthening the resilience of avocado value chains is increasingly important as the sector faces multifaceted risks, including climate change, pests and diseases, and economic downturns, among others. By building resilience, avocado companies and associations can ensure the continuity of their operations and businesses. The Responsible Fruits project conducted a detailed study to identify the main challenges and opportunities to strengthen the resilience of the avocado and pineapple industries. This brief...

The Agricultural Outlook 2023-2032 is a collaborative effort of the Organisation for Economic Co-operation and Development (OECD) and the Food and Agriculture Organization of the United Nations (FAO). 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. The publication...

The OECD-FAO Agricultural Outlook 2023–2032 provides an assessment of the ten-year prospects for agricultural commodity and fish markets at national, regional, and global levels in a context of continued economic risks, uncertainty and high energy prices. The report is a collaborative effort between the OECD and FAO, prepared with inputs from Member countries and international commodity organisations.