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The FAO Food Outlook projects the global food import bill to rise 2.5% to over $2 trillion in 2024. It expects adequate supplies of most major staples, with record rice and oilseed output and modestly lower wheat and maize.
Adequate supplies and lower food commodity prices point to stable feed grain costs. Shipping and geopolitical shocks are flagged as the main upside risks to prices.
tradearabia.comROMEMar 9, 2018Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
