Summary:
Towards the background of speedy growing trade and a surge in food stuff import bills, which has appear to characterise much of developments shaping international food stuff markets in 2020/21, early forecasts for 2021/22 level to resilient food items trade and a continuation of strong global costs amidst quite a few offer and demand from customers uncertainties.
This report offers offer and demand from customers forecasts for basic foodstuffs, fish and fishery items together with cost assessment and plan facts. The report’s special feature of this report places the latest traits in global food trade under the highlight, with distinct target on how commodity flows have calculated-up for the duration of the COVID-19 pandemic. Contrary to popular predictions of a collapse in world marketplaces, modern data demonstrate that trade carries on to attain new heights. A novel metric is released that greater captures the rate momentum underway in worldwide markets.
Meals Outlook is printed by the Marketplaces and Trade Division of FAO as component of the World-wide Data and Early Warning Process (GIEWS). It is a biannual publication (November and June) concentrating on developments in world foodstuff marketplaces. Food Outlook maintains a near synergy with a further important GIEWS publication, Crop Prospects and Food stuff Scenario, specifically with regard to the coverage of cereals. Meals Outlook is out there in English. The summary portion is also accessible in Arabic, Chinese, French, Russian and Spanish