Latest Release | United Nations Food and Agriculture Organization "Food Outlook" Report

The report indicates that global wheat and coarse grain production is expected to reach a new historical high, and the rice production outlook in Asia and Latin America and the Caribbean also points to a new record. The inventory-to-consumption ratio for these staple crops is expected to continue to rise. "Food Outlook" is published twice a year, providing a comprehensive and systematic assessment and forecast of the production, consumption, trade, and inventory trends of major food commodities such as grains, oilseeds, sugar, meat, dairy products, and seafood. This issue focuses specifically on the olive oil market landscape, the fertilizer industry trends, and changes in global food import totals. FAO Chief Economist Maximo Torero noted: "The recovery of global food production brings positive signals for market stability. However, it is essential to remain aware that a series of risk factors, from extreme weather to fragile trade relations, continue to exist and could at any ...