# FAO/GIEWS quarterly report ‘Crop Prospects and Food Situation’

> The FAO/GIEWS quarterly Crop Prospects and Food Situation report lists 37 countries needing external food assistance, citing conflict in South Sudan, Yemen and Nigeria, and drought in Sri Lanka and East Africa. It forecasts record cereal output in Argentina and Brazil in 2017.

- Date: 2017-06-09 · published 2017-06-09T12:00:00.000Z
- Category: report · region Global · magnitude low
- Page: https://feedsoft.ai/events/70409-fao-giews-quarterly-report-crop-prospects-and-food-situation
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

Record South American grain output adds to global supply and weighs on feed grain prices, while food-aid needs in importing countries add some demand. Net effect is mildly bearish for corn and soy complex prices.

## Read by commodity

- SOY: bearish ▼
- CORN: bearish ▼
- WHEAT: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2019-07-04 | [Crop Prospects and Food Situation, No. 2, July 2019 - World \| ReliefWeb](https://feedsoft.ai/events/57998-crop-prospects-and-food-situation-no-2-july-2019-world-reliefweb.md) | +1.9% | -4.0% |
| CORN | 2025-07-08 | [Crop Prospects and Food Situation Triannual Global Report No. 2, July 2025 - World \| ReliefWeb](https://feedsoft.ai/events/23663-crop-prospects-and-food-situation-triannual-global-report-no-2-july-2025-world.md) | -0.7% | -2.7% |
| CORN | 2016-12-04 | [Crop Prospects and Food Situation, No. 4 December 2016 - World \| ReliefWeb](https://feedsoft.ai/events/73405-crop-prospects-and-food-situation-no-4-december-2016-world-reliefweb.md) | +4.1% | +2.4% |
| CORN | 2017-09-03 | [Crop Prospects and Food Situation, No. 3 September 2017 - World \| ReliefWeb](https://feedsoft.ai/events/68873-crop-prospects-and-food-situation-no-3-september-2017-world-reliefweb.md) | +0.6% | +1.9% |
| CORN | 2020-01-10 | [Grain markets fall on WASDE, Crop Production Reports](https://feedsoft.ai/events/55018-grain-markets-fall-on-wasde-crop-production-reports.md) | -1.0% | -0.7% |
| SOY | 2017-04-05 | [Calf Price Rally and a Crop Production Report \| Ohio BEEF Cattle Letter](https://feedsoft.ai/events/71636-calf-price-rally-and-a-crop-production-report-ohio-beef-cattle-letter.md) | +0.2% | +3.0% |
| SOY | 2023-06-09 | [Corn and soy export expectations drop in Friday's WASDE report](https://feedsoft.ai/events/35443-corn-and-soy-export-expectations-drop-in-friday-s-wasde-report.md) | +4.8% | +10.6% |
| SOY | 2017-01-12 | [Corn and Soybean Production Up in 2016, USDA Reports](https://feedsoft.ai/events/72836-corn-and-soybean-production-up-in-2016-usda-reports.md) | +6.7% | +4.7% |

## Sources

- fao.org: https://www.fao.org/fsnforum/index.php/es/news/faogiews-quarterly-report-crop-prospects-and-food-situation

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.