The Twelfth Ministerial Conference (MC12) of the World Trade Organization (WTO) was held in Geneva, Switzerland, from 12 to 17 June 2022. Following the conclusion of the meeting, this brief reports on its outcome, with particular reference to the negotiations on agriculture and fisheries.

The July issue of the publication summarizes the salient trends and drivers of market developments and significant public policy changes in 2021. The review finds that the international dairy prices rose steeply in 2021, driven by tight global supplies and sustained demand. Additionally, world milk output expanded in 2021, albeit growing at the slowest rate seen since 2013 and global export trade expanded moderately, caused by tight supplies and high...

The July issue of the publication summarizes the salient trends and drivers of market developments and significant public policy changes in 2021. The review finds that the international meat prices increased sharply in 2021 amid tight global supplies from leading exporters. Moreover, world meat output expanded, principally driven by increased pig meat output and global meat trade expanded in 2021, albeit at a slower pace than in the previous five...

International wheat and maize prices decreased in June, reflecting seasonally increased availabilities of wheat in Northern Hemisphere exporters and of maize in Southern Hemisphere exporters. By contrast, strong demand for “Indica” and ”Basmati” rice, coupled with thinning ”Basmati” availabilities, kept international rice prices on the rise in June. Based on latest available data, FAO analysis indicates that the number of countries facing abnormally elevated levels of food prices remained high...

FAO assesses that globally 46 countries, including 33 in Africa, 10 in Asia, two in Latin America and the Caribbean, and one in Europe, are in need of external assistance for food. This list now includes Ukraine and Sri Lanka. Serious concerns also relate to East Africa due to multiple seasons of drought conditions, with a looming risk of famine in some areas. Across the globe, the rising food prices...

This statistical report contains a subset of CCBS data and presents updated cereal supply and demand balances for all sub-Saharan African countries. It complements the information of the FAO/GIEWS Crop Prospects and Food Situation report and is published four times a year with the same schedule. This report is based on information available as of June 2022.

The Agricultural Outlook 2022-2031 is a collaborative effort of the Organisation for Economic Co-operation and Development (OECD) and the Food and Agriculture Organization (FAO) of the United Nations. 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.