Food outlook : biannual report on global food markets, June 2020

According to this report, food markets will face many more months of uncertainty related to the COVID-19 pandemic. However, while most markets are braced for a major global economic downturn, the agri-food sector is likely to display more resilience to the crisis than other sectors. This edition’s special features include “COVID-19: From a global health crisis to a global food crisis?”, an article that compares the “Great Lockdown” with the last major crisis, the “Great Recession”, and identifies differences and commonalities across countries and commodities. The issue also covers “Revisions to the FAO food price indices”; from July 2020, the FAO Food Price Index and Global Food Consumption Price Indices is re-based to the period of 2014–16, with improvements made to both price coverage and representativeness. Food Outlook is a biannual publication focusing on developments affecting global food and feed markets. Each edition provides comprehensive assessments and short-term forecasts for production, utilization, trade, stocks and prices on a commodity-by-commodity basis and includes feature articles on topical issues.