In 2024 the benchmark measure of world food commodity prices averaged 2.1 percent below its 2023 level


New forecasts point to declining but still comfortable global cereals stock-to-use ratio

The State of Agricultural Commodity Markets 2024 looks at global trade flows of nutrients and possible obesity drivers

FLAGSHIP PUBLICATION
Trade and nutrition: policy coherence for healthy diets

Support from the EU’s Directorate-General for Agriculture and Rural Development strengthens a key tool for market transparency

FAO’s new Food Outlook report tracks main food commodity markets and looks at olive oil and fertilizers

Global cereal production and trade likely to decline from last year
International quotations for sugar lead an across-the-board increase in major food commodity prices

FAO's Markets and Trade Division (EST), with its expertise on world agricultural trade, provides analytical and policy information to the United Nations (UN) community, global stakeholders, and beyond. EST keeps a comprehensive market intelligence service of the main agricultural commodities, and houses the Secretariats of the  Committee on Commodity Problems (CCP), the Intergovernmental Commodity Groups (IGGs), and the Agricultural Market Information System (AMIS).  EST also manages early warnings of food shortfalls. 

Global commodity markets

monitors major agricultural commodities, including basic foodstuffs, tropical products and raw materials.  

Global Information and Early Warning System (GIEWS)

is the leading source of information on world food production and food security, and it monitors world supply of and demand for basic food. 

Trade policy & partnerships

promotes transparent, efficient agricultural commodity markets and trade by supporting its members, including facilitating multistakeholder partnerships. 

Emerging trends, challenges and opportunities

produces multidisciplinary analyses related to agricultural trade and markets, and guidance for responsible value chains.  


Featured publications

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The State of Agricultural Commodity Markets presents commodity market issues in an objective and accessible way to policy-makers, commodity market observers and stakeholders interested in agricultural commodity market developments and their impacts on countries at different levels of economic development.

 

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The Food Outlook is a biannual publication, focusing on developments affecting global food and feed markets. It provides comprehensive assessments and short-term forecasts for production, utilization, trade, stocks and prices on a commodity-by-commodity basis, along with feature articles on topical issues.

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OECD-FAO Agricultural Outlook
The Agricultural Outlook 2024-2033 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.
 

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.


Latest publications

Journal; magazine; bulletin
Oilseeds, Oils and Meals. Monthly price update No. 186, January 2025
22/01/2025

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...

Banana Market Review - Preliminary results 2024
10/01/2025

The Banana Market Review Preliminary Results are issued on an annual basis to Members and Observers of the Sub-Group on Bananas of the Intergovernmental...

Book (stand-alone)
Monitoring, evaluation and learning – Generating evidence on resilience and sustainability in the tropical fruit sector
30/12/2024

There are growing requirements and expectations from customers, consumers and governments for tropical fruit industry actors to demonstrate how they...

Major Tropical Fruits Market Review. Preliminary results 2024
24/12/2024

The Tropical Fruits Market Review Preliminary Results is issued on an annual basis to Members and Observers of the Sub-Group on Tropical Fruits of the...

Journal; magazine; bulletin
Responsible Business Conduct Quarterly. Bulletin No. 11, October–December 2024
20/12/2024

FAO’s Responsible Business Conduct Quarterly Bulletin (RBC-Q) shares information on a selection of events and resources on FAO’s activities on Responsible...

Book (stand-alone)
Gap analysis to support due diligence in the tropical fruit sector – A training guide
19/12/2024

This training guide is designed to support capacity development for individuals and organizations to improve business sustainability and meet the due...

Book (stand-alone)
Monitoring, evaluation and learning in the tropical fruit sector to generate evidence for sustainability and resilience - An introductory guide for trainers
18/12/2024

This training guide on measuring monitoring, evaluation and learning (MEL) was developed to help stakeholders in tropical fruit value chains to generate...

Journal; magazine; bulletin
Food Price Monitoring and Analysis (FPMA) Bulletin #10, 11 December 2024 - Monthly report on food price trends
11/12/2024

Global wheat prices declined in November 2024, due to increased supplies from the ongoing harvests in the Southern Hemisphere and improved crop production...

Journal; magazine; bulletin
Oilseeds, Oils and Meals. Monthly price update  No. 185, December 2024
09/12/2024

In November 2024, the FAO price indices for oilseeds and vegetable oils continued to increase month-on-month, while the oilmeal price index declined...

Journal; magazine; bulletin
Trade policy review in the countries of Eastern Europe, Caucasus and Central Asia. 3rd Quarter 2024 | Bulletin
03/12/2024

This quarterly bulletin features agricultural trade policy changes in the region. It provides current trade measures, agreements, statistics and articles...

Special committees


Podcasts

14/10/2024

Around 733 million people faced hunger in 2023, equivalent to one in eleven people globally and one in five in Africa, according to the latest State of Food Security and Nutrition in the World (SOFI) report. Tune in to the FAO Talks podcast with FAO’s Chief Economist Máximo Torero to explore the causes of global hunger.

14/10/2024

In this episode, FAO hosts the fourth edition of the World Food Forum, the largest annual gathering of agrifood systems stakeholders globally in Rome, Italy from 14 to 18 October ; rises in September with quotations up for all covered commodity groups, led by sugar.


Videos

06/12/2024

FAO's The State of Agricultural Commodity Markets 2024 explored the theme, "Trade and nutrition: Policy coherence for healthy diets." The 2024 edition discussed the complex linkages between food trade and nutrition and generates evidence to show how trade can affect dietary patterns and nutritional outcomes.

23/05/2024

Tea is more than a commodity, it’s a culture, a way of life. A universal symbol of comfort and good health. Much more than a beverage, tea generates employment and income worldwide, enriching the livelihoods of millions of people, empowering whole communities to thrive over generations, and providing stability in an ever-changing world.


Online database applications

FPMA

Food Price Monitoring and Analysis

AMIS

Agricultural Market Information System

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Events

Hybrid Event, Roma (Italy)

Launch of The State of Agricultural Commodity Markets 2024 - Hybrid Event, Friday, 29 November 2024 from 12:00-13:20 hours (CET)
29/11/2024

Trade is an integral part of our agrifood systems. It fulfils the fundamental role of moving food from surplus to deficit regions, thus contributing...

Latest news
03/01/2025
Rome - The benchmark for world food commodity prices declined in December compared to the previous month, led down by a drop in international sugar quotations, the Food and Agriculture Organization of the United Nations (FAO) reported Friday.
NewslettersNewsEvents

Related websites

Related links
Committee on Commodity Problems (CCP)