Global cereal markets are expected to remain adequately supplied in 2020/21 despite this month’s downward revisions to production and inventories, the Food and Agriculture Organization (FAO) said in its latest monthly report. With trade in cereals seen expanding in 2020/21, global cereal markets continue to demonstrate their resilience amidst the challenges and uncertainty caused by […]
FAO also lowered its forecast for world cereal production in 2020 by 25 million tonnes from a July projection, due largely to expectations of a lower maize output in the United States of America, the U.N . food agency said in its latest monthly report. However, despite this reduction, such an outcome would still represent […]
Global food prices rose for the third consecutive month in August, influenced by generally firmer demand and a weaker U.S. dollar, according to a report released today by the Food and Agriculture Organization of the United Nations. The FAO Food Price Index, which tracks the international prices of the most commonly traded food commodities, averaged 96.1 […]
More people are going hungry than before and their ranks are only set to increase with the onset of the deadly Covid-19, the United Nations’ Food and Agriculture Organisation (FAO) said in a new report. The number of people who went hungry in 2018 rose by 10 million to on year to 690 million and […]
World cereal production is poised to reach a new record level of 2 790 million tonnes in 2020 – up 9.3 million tonnes from the May forecast – surpassing the record-high registered in 2019 by as much as 3.0 percent, according to FAO’s Cereal Supply and Demand Brief. Wheat production forecasts have been raised for India […]
In June, global food commodity prices rose for the first time since the beginning of the year driven by a rebound in vegetable oils, sugar and dairy quotations, the UN food agency said in its latest monthly report. However, in the cereals and meat markets, most prices remained under downward pressure amid market uncertainties posed […]
Food markets will face many more months of uncertainty due to COVID-19, but the agri-food sector is likely to show more resilience to the pandemic crisis than other sectors, according to a new report released today by the Food and Agriculture Organization of the United Nations (FAO). The Food Outlook report provides the first forecasts for production and market […]
Global coarse grain stocks are forecast to increase the most, rising by nearly 10 percent (close to 41 million tonnes) to 465 million tonnes, with most of the anticipated growth corresponding to a larger build-up of maize inventories expected in the USA, the Food and Agriculture Organization (FAO) said. The projected increase in global coarse […]
The first forecasts for the 2020/21 season point to a comfortable cereal supply and demand situation in spite of uncertainties posed by the coronavirus pandemic that has hit the world hard, the Food and Agriculture Organization (FAO) said in its latest monthly report. Early prospects point to global cereal production in 2020 surpassing the previous year’s record […]
Global commodity food prices fell for the fourth consecutive month in May, as supplies appear strong and demand weakens due to economic contractions triggered by the COVID-19 pandemic, the Food and Agriculture Organization (FAO) of the United Nations reported today. The FAO Food Price Index, which tracks international prices of the most commonly-traded food commodities, averaged 162.5 points […]
