• FAO Global Information and Early Warning System has released the latest global crop prospects and food situation report, citing 2011 cereal production forecasts revised down by 13 million tonnes from June 7. This downward revision brings world cereal production below overall utilization, leading to a further decline in world stocks.

    Download the full report

  • The World Agricultural Supply and Demand Estimates (WASDE) report provides monthly comprehensive forecasts of supply and demand for major U.S. and global crops, supplied by the USDA. Crops covered include wheat, coarse grains, rice, and oilseeds. This report can explain past and current global commodities trends, as well as predict trends for the coming year.

    Download the full June report. For more information regarding the WASDE reports, visit http://www.usda.gov/oce/commodity/wasde/

  • Risk characterizes everyday life for many of the world’s poorest households. These households are more likely to be located in environments where livelihoods are highly susceptible to weather and price variability and where health risks are pervasive. Reducing the risks faced by poor households, and enabling poor households to better deal with adverse events when they do occur, is essential to improving their welfare in the short run and their opportunities for income growth in the long run.

  • The FAO Global Information and Early Warning System has released the latest Global Food Price Monitor. According to the report, the FAO Food Price Index remained virtually unchanged in May, with international wheat prices remaining high. International rice and corn prices were slightly lower in May than in April.

    Download the full report.

  • G20 leaders at their summit meeting in November 2010 requested FAO, IFAD, IMF, OECD, UNCTAD, WFP, the World Bank, and the WTO to work with key stakeholders “to develop options for G20 consideration on how to better mitigate and manage the risks associated with the price volatility of food and other agriculture commodities, without distorting market behaviour, ultimately to protect the most vulnerable.”

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