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30 Apr 2018 description

Global Highlights

• In Q1-2018, the FAO cereal price index rose by 8.6 percent from Q1-2017, while the global food price index declined by 2 percent year-on-year.

• The real price for wheat was 22 percent above Q1-2017 levels: crops suffered dryness in the United States and cold weather in Europe and the Commonwealth of Independent States, leaving production forecasts open to a downward revision.3 World ending stocks remain at record levels.

14 Mar 2018 description

KEY MESSAGES

↗ International prices of wheat and maize increased further in February, mainly supported by weather-related concerns and currency movements. Export price quotations of rice also continued to strengthen, although the increases were capped by subsiding global demand for Indica supplies.

↗ In East Africa, in the Sudan, prices of the main staples: sorghum, millet and wheat, continued to increase in February and reached record highs, underpinned by the removal of the wheat subsidies and the strong depreciation of the Sudanese Pound.

18 Feb 2018 description

Key messages

  • International prices of wheat and maize were generally firmer in January, supported by weather-related concerns and a weaker US dollar. Export price quotations of rice also strengthened mainly buoyed by renewed Asian demand.

  • In East Africa, in the Sudan, prices of the main staples: sorghum, millet and wheat, rose sharply for the third consecutive month in January and reached record highs, underpinned by the removal of wheat subsidies and the strong depreciation of the Sudanese Pound.

31 Jan 2018 description

Global Highlights

• In Q4-2017, the global food price index of FAO dropped by 2 percent compared to Q3 and remained at approximately the same level as one year ago.
In contrast, the cereal price index rose by 7.6 percent in comparison to Q4-2016.

• Although the real price2 of wheat fell by 2 percent from Q3-2017, prices are still 19 percent higher than in 2016, even though world ending stocks of wheat are at record levels.

• In Q4, the real price of maize was low at US$119/ mt with only slight variation from Q3-2017 and the previous year.

11 Dec 2017 description

Key messages

↗ International prices of wheat and maize remained relatively stable in November, reflecting good supply conditions, while export quotations of rice strengthened amid increased buying interest and currency movements.

12 Nov 2017 description

Key messages

  • The benchmark US wheat price declined in October mostly because of higher supply prospects while maize quotations firmed due to rain-induced harvest delays. International rice prices strengthened in October, mainly reflecting seasonally tight Japonica and fragrant supplies.

31 Oct 2017 description

Global Highlights

• The upward trend of FAO’s global food price index in 2017 continued in Q3, with the index 7 percent higher than in Q3-2016; this is particularly the result of higher dairy prices. The FAO cereal price index rose by 8.2 percent over the same period.

• The real price2 of wheat rose by 4 percent from Q2-2017. Although prices are significantly higher than in Q3-2016, world supplies are abundant and production forecasts for Russia and the EU are very favourable.

29 Oct 2017 description

Key messages

  • International prices of wheat increased in September mostly because of weather-related concerns, while maize quotations fell further on crop harvest pressure. International rice prices remained generally firm, supported by seasonally tight availabilities of fragrant rice and strong demand for higher quality Indica supplies.

13 Sep 2017 description

Key messages

  • International prices of wheat dipped in August, after increasing in the past few months, following an upturn in production prospects in the Black Sea region which improved the 2017 global supply outlook.
    Maize quotations also fell on improved weather conditions and abundant global supplies. International prices of rice were relatively stable, although price movements were mixed across the different rice market segments.

04 Aug 2017 description

This bulletin examines trends in staple food and fuel prices, the cost of the basic food basket and consumer price indices for 69 countries in the second quarter of 2017 (April to June). The maps on pages 6–7 provide impact analysis dis-aggregated to sub-national level.

Global Highlights

03 May 2017 description

This bulletin examines trends in staple food and fuel prices, the cost of the basic food basket and consumer price indices for 70 countries in the first quarter of 2017 (January to March).1 The maps on pages 6–7 disaggregate the impact analysis to sub-national level.

Global Highlights

24 Apr 2017 description

Vienna, Austria, April 24, 2017. The OPEC Fund for International Development (OFID) has signed loan agreements totaling US$111m with partner countries Bolivia, Ethiopia and Guinea on the sidelines of the World Bank Spring Meetings held April 21-23 in Washington, DC. The agreements were signed by OFID Director-General Suleiman J Al-Herbish and ministers from the beneficiary countries.

14 Mar 2017 description

Vienna, Austria, March 14, 2017. Over 15 partner countries stand to benefit from the latest round of financing, totaling nearly US$190m, which was approved at the 158th Session of the Governing Board of the OPEC Fund for International Development (OFID). The public sector loans, which total US$106m, will support the following projects/programs:

Country: Bolivia

Project

04 Feb 2017 description

Background

The Global Early Warning – Early Action (EWEA) report on food security and agriculture is developed by the Food and Agriculture Organization of the United Nations (FAO). The report is part of FAO’s EWEA system, which aims to translate forecasts and early warnings into anticipatory action.
EWEA enables FAO to act early before disasters have happened and to mitigate or even prevent their impact. By lessening damages to livelihoods and protecting assets and investments, FAO can help local livelihoods become more resilient to threats and crises.

01 Feb 2017 description

This bulletin examines trends in staple food and fuel prices, the cost of the basic food basket and consumer price indices for 71 countries in the fourth quarter of 2016 (October to December).1 The maps on pages 6–7 disaggregate the impact analysis to sub-national level.

Global Highlights

08 Dec 2016 description

Mejoran las perspectivas agrícolas mundiales, pero las temporadas de carestía acechan en un futuro inmediato

8 de diciembre de 2016, Roma - Los conflictos civiles y el impacto de una meteorología adversa han afectado gravemente a la seguridad alimentaria en 2016, aumentando el número de países que necesitan ayuda alimentaria, según un informe de la FAO. La nueva edición de Perspectivas de cosechas y situación alimentaria, publicada hoy, subraya que 39 países necesitan de ayuda externa para conseguir alimentos.

08 Dec 2016 description

Les perspectives agricoles mondiales s’améliorent malgré la menace de saisons maigres dans un futur proche

08 Dec 2016 description

Ongoing conflicts continue to intensify food insecurity

Global agricultural prospects are improving but lean seasons loom in near future

8 December 2016, Rome - Civil conflict and weather-related shocks have severely stressed food security in 2016, increasing the number of countries in need of food assistance, according to a FAO report. The new edition of the Crop Prospects and Food Situation report, released today, highlights 39 countries that are in need of external assistance for food.

27 Oct 2016 description

This bulletin examines trends in staple food and fuel prices, the cost of the basic food basket and consumer price indices for 70 countries in the third quarter of 2016 (July to September). The maps on pages 6–7 disaggregate the impact analysis to sub-national level.

Global Highlights