International wheat prices declined in March 2024, amid ample global supplies, relatively favourable conditions of crops still to be harvested and strong competition on international markets, while global maize prices firmed marginally. International rice prices fell by 1.7 percent in March, largely due to subdued import demand. FAO’s analysis of the latest available data shows that, in most countries, domestic staple food prices remained elevated in February and March 2024 compared to...

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.In March 2024, the FAO price indices for oilseeds and oilmeals continued to decline, whereas the vegetable oil price index rebounded markedly from the previous month. While the oilseed and oilmeal price...

Between 2 and 17 January 2024, following a request by the Ministry of Agriculture and Forestry (MoA&F), the Food and Agriculture Organization of the United Nations (FAO), in close cooperation with the Food Security Technical Secretariat (FSTS) and the State Ministries of Agriculture, carried out its annual Crop and Food Supply Assessment Mission (CFSAM) to estimate the 2023 crop production and assess the food supply situation throughout the 18 states...

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. In February, all three FAO price indices pertainingto the oilcrops complex declined. The oilseed price index decreased by 5.2 points (4.3 percent) from the revised level of the previous month, reaching...

International prices of all major cereals declined in February 2024. Ample supplies and strong competition among exporters underpinned a decline in wheat and maize prices. International rice prices also dropped as, aside from Indonesian purchases, fresh import demand remained broadly low and new crop harvests began in some exporting countries. In most countries monitored by FAO, domestic staple food prices remained high in February 2024. Extreme weather events, conflicts and insecurity...

Climate change is impacting global food production systems, making the challenge of feeding the world’s growing population more difficult than ever before. The tropical fruit sector is particularly at risk from the negative impacts of climate change driven by rising temperatures, extreme weather events, and associated challenges such as water stress and increased pests and diseases. This poses significant risks for the long-term sustainability of production and trade of important...

Climate change is impacting global food production systems, making the challenge of feeding the world’s growing population more difficult than ever before. The tropical fruit sector is particularly at risk from the negative impacts of climate change driven by rising temperatures, extreme weather events, and associated challenges such as water stress and increased pests and diseases. This poses significant risks for the long-term sustainability of production and trade of important...

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. This paper explores ideas for government incentives that can encourage responsible investment in the avocado and pineapple industry. It is particularly relevant to governmental actors and policy makers, as well as to...

The triannual Crop Prospects and Food Situation report provides a forward-looking analysis of the food situation across the globe, focusing on the cereal production outlook, market situation and food security conditions, with a particular attention on low-income food-deficit countries (LIFDCs). At the start of 2024, FAO assesses that globally 45 countries/territories, including 33 in Africa, nine in Asia, two in Latin America and the Caribbean and one in Europe, are in...