What's New
Featured blog
USDA Report Sees Small Changes from Previous Month
The USDA today released its latest World Agricultural Supply and Demand Report . The report continues to see reduced global production estimates for wheat, maize, and soybean. Global rice production, on the other hand, is expected to reach a near-record 464.2 million tons. The changes seen in this month's report are relatively small and were anticipated based on recent price trends.
Maize, Wheat Prices Stable; Soybean Prices Remain Volatile
As poor weather continues to hammer crops in the US, all eyes are on the impact the drought will have on global food prices. It is important for policymakers to look at all the information surrounding food prices, including price volatility. IFPRI's Excessive Food Price Variability Early Warning System provides reliable daily monitoring of food prices and price volatility, based on sophisticated statistical modeling (NEXQ: Nonparametric Extreme Quantile Model).
USDA Releases World Agricultural Supply and Demand Estimates
The USDA has released the latest World Agricultural Supply and Demand Estimate. This report provides comprehensive forecasts of supply and demand for major U.S. and global crops and livestock.
Food Price Index Sees Rebound in July
The latest FAO Food Price Index was released today, citing an increase of 12 points from June. While the Index averaged 213 points in July, it remains well below the peak levels reached in February 2011.
FEWS Monthly Price Watch Sees Price Increases for Maize, Soybeans, Wheat
FEWS NET has released its latest Monthly Price Watch , citing continuing rising prices for many staple commodities. US maize prices rose by 20% in July due to the ongoing drought in the Midwest; drop losses in both the US and South America have contributed to increased prices for soybeans and soybean oil as well. International wheat prices also increased in June and July due to expected shortfalls in the European Union, Russia, and Kazakhstan.