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14 June 2024 6 min reading

NEWS

FAO predicts stable food commodity markets for 2024/25 despite potential risks

Supplies of most of the world’s major food commodities are expected to be adequate in 2024/25, although extreme weather, rising geopolitical tensions, sudden policy changes and other factors could all potentially tip the delicate global demand-supply balances and impact prices and global food security, according to a new report from the Food and Agriculture Organization of the United Nations (FAO).

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20 May 2024 2 min reading

NEWS

FAO lowers 2024 wheat forecast to 791 million tonnes

In its May Cereal Supply and Demand Brief, the Food and Agriculture Organization (FAO) has adjusted its global wheat production forecast for 2024 down to 791 million tonnes.

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08 May 2024 2 min reading

NEWS

Global food prices rise for third straight month in May

The benchmark for world food commodity prices increased for the third consecutive month in May, as higher prices of cereals and dairy products outweighed decreases in quotations for sugar and vegetable oils, the Food and Agriculture Organization of the United Nations (FAO) reported.

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01 May 2024 2 min reading

NEWS

FAO warns of dire grain production outlook in Southern Africa

Grain production prospects in Southern Africa have taken a sharp turn for the worse since last February, the Food and Agriculture Organization of the United Nations (FAO) warned. Recent weather trends associated with El Niño have decimated harvest prospects and point to rising prices and import needs.

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22 December 2023 3 min reading

NEWS

Gaza faces imminent famine, warns FAO

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14 December 2023 3 min reading

NEWS

FAO’s report exposes the alarming true cost of global agrifood systems

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13 December 2023 3 min reading

NEWS

Global wheat production fall in 2023, still second highest ever

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09 December 2022 5 min reading

NEWS

Global food crises ‘likely to increase’ in the future without wider systemic change, FAO says

The world’s ability to nourish its burgeoning population is under threat and without broader socioeconomic and environmental change, sustainable agrifood systems will be impossible to achieve, according to a new report by the Food and Agriculture Organization of the United Nations (FAO).

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09 December 2022 2 min reading

NEWS

Global food prices fall slightly in November

The measure of changes in world food commodity prices remained largely steady in November, with declining international prices of cereals, meat and dairy products offsetting increasing quotations for vegetable oils and sugar, the Food and Agriculture Organization of the United Nations (FAO) reported.

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21 July 2022 5 min reading

NEWS

IMF, WBG, WTO and FAO call for urgent action to address global food security crisis

Food and Agriculture Organization (FAO) Director General Qu Dongyu, International Monetary Fund (IMF) Managing Director Kristalina Georgieva, World Bank Group (WBG) President David Malpass, World Food Programme (WFP) Executive Director David Beasley and World Trade Organization (WTO) Director General Ngozi Okonjo-Iweala issued a joint statement calling for urgent action to address the global food security crisis.

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20 July 2022 4 min reading

NEWS

FAO raises its forecast for global cereal production

FAO’s (The Food and Agriculture Organization of the United Nations) forecast for global cereal production in 2022 was raised by 7 million tonnes in July from the previous month and is now pegged at 2 792 million tonnes, according to the new Cereal Supply and Demand Brief. This is still 0.6 percent short of the world output in 2021.

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18 July 2022 2 min reading

NEWS

World food prices decline in June but remain very high

The barometer for world food commodity prices declined slightly in June for the third consecutive month, the Food and Agriculture Organization of the United Nations (FAO) reported. The FAO Food Price Index averaged 154.2 points in June 2022, down 2.3 percent from May. The Index, which tracks monthly changes in the international prices of a basket of commonly-traded food commodities, remained, however, 23.1 percent higher than in June 2021.

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