Thumbnail Image

Food Outlook – Biannual report on global food markets

Year of publication 2025

Place of publication Rome, Italy ;

Pages 152 p.

Author FAO

Publisher FAO ;

Product type Book (series)

ISBN 978-92-5-139879-1

Series title Food Outlook

Series number June 2025

To cite or share https://doi.org/10.4060/cd5655en

Synopsis (short abstract) Food outlook is a biannual publication (June and November) focusing on developments affecting global food commodity markets. FAO’s latest assessments indicate a relatively optimistic outlook for food commodity markets, with production and trade of all commodities, except sugar, anticipated to increase. However, this growth will have different impacts on stock recovery, influenced by the delicate balance between supply and demand. Global food commodity production remains vulnerable to weather conditions. Additionally, ongoing geopolitical tensions, uncertainties in policy developments, and potential retaliatory actions could negatively affect the trade outlook. In addition to market assessment, each edition contains a set of special features and market indicators. The June 2025 edition offers a feature article on economic impacts and trade implications of high pathogenicity avian influenza. Additional topics, such as changes in the trade flows following the start of the war in Ukraine, fertilizer update, economic drivers of fish fraud, and implications of decarbonization of the international maritime sector for net food-importing developing countries are also discussed. Overview of the market indicators summarizes developments on the futures markets, ocean freight rates, food import bill, and food price indices.

Markets at a Glance

  • Cereals
    • This report provides an analysis of the most recent developments in the global cereals market, including a short-term outlook. Read it here
  • Wheat
    • This report provides an analysis of the most recent developments in the global wheat market, including a short-term outlook. Read it here
  • Coarse Grains
    • This report provides an analysis of the most recent developments in the global coarse grains market, including a short-term outlook. Read it here
  • Rice
    • This report provides an analysis of the most recent developments in the global rice market, including a short-term outlook. Read it here
  • Oilcrops, oils and meals
    • This report provides an analysis of the most recent developments in the global oilcrops market, including a short-term outlook. Read it here
  • Sugar
    • This report provides an analysis of the most recent developments in the global sugar market, including a short-term outlook. Read it here
  • Meat and meat products
    • This report provides an analysis of the most recent developments in the global meat market, including a short-term outlook. Read it here
  • Milk and milk products
    • This report provides an analysis of the most recent developments in the global milk market, including a short-term outlook. Read it here
  • Fish and other acquatic products 
    • This report provides an analysis of the most recent developments in the global fish market, including a short-term outlook. Read it here

Special feature

High pathogenicity avian influenza: Production structures, economic impacts and market implications

Poultry plays a vital role in global food systems and supporting rural livelihoods. It also serves as an accessible and affordable source of animal protein through both meat and egg production. Read it here


Changes in fertilizer trade post-2022

This feature explores the impact of the war in Ukraine on global supplies of nitrogen, phosphate and potassium fertilizers originating in the Russian Federation and, to a lesser extent, in Ukraine. Read it here


Changes in grain trade post 2022

The Russian Federation and Ukraine continue to play a vital role in global grain markets. Both countries are still among the most important producers of agricultural commodities in the world. Read it here


Fertilizer market update

Plants require nutrients to grow and develop. While some soils naturally contain sufficient nutrients to support crop growth, others may require fertilizer application to optimize plant health and yield. Read it here


Economic drivers of fish fraud

Food fraud, the intentional deception of customers as to the quality or composition of food, affects a broad range of goods from olive oil to spices and honey, and is thought to cost the global food sector EUR 30 billion every year. Read it here


Decarbonizing the international maritime sector: Implications for net food-importing developing countries

The shipping industry, responsible for a significant portion of global greenhouse gas (GHG) emissions, is under increasing scrutiny to adopt sustainable practices to mitigate its environmental impact.   Read it here

Last updated 20/06/2025

Cite this content as:

FAO. 2025. Food Outlook – Biannual report on global food markets. Food Outlook, June 2025. Rome.

https://doi.org/10.4060/cd5655en

Language English

Also available in:
No results found.

Related items

Showing items related by metadata.

  • Thumbnail Image
    Book (series)
    Food Outlook – Biannual Report on Global Food Markets
    jun/22
    2022
    Also available in:
    No results found.
    In view of the soaring input prices,concerns about the weather, and increased market uncertainties stemming from the war in Ukraine, FAO’s latest forecasts point to a likely tightening of food markets in 2022. Meanwhile, the global food import bill is on course to hit a new record high of USD 1.8 trillion, an all-time high, almost entirely on account of higher prices. Issued twice a year, Food Outlook offers FAO’s reviews of market supply and demand trends for the world’s major foodstuffs, including cereals, oilcrops, sugar, meat and dairy and fish. It also looks at trends in futures markets and shipping costs for food commodities. The new edition also contains two special chapters examining the role of rising prices for agricultural inputs, such as fuel and fertilizers, and the risks the war in Ukraine poses for global food commodity markets. Food Outlook is published by the Markets and Trade Division of FAO as part of the Global Information and Early Warning System (GIEWS). Food Outlook maintains a close synergy with another major GIEWS publication, Crop Prospects, and Food Situation, especially with regard to the coverage of cereals. Food Outlook is available in English. The summary section is also available in Arabic, Chinese, French, Russian, and Spanish.
  • Thumbnail Image
    Book (series)
    Food Outlook – Biannual Report on Global Food Markets 2022
    Also available in:
    No results found.
    FAO’s latest forecasts point to somewhat easing of market conditions for basic foodstuffs. However, increased climate variability, conflicts and geopolitical tensions, bleak economic prospects, soaring agricultural input costs and export restrictions continue to pose challenges to global food commodity market stability. Issued twice a year, the November issue of the Food Outlook offers market summaries of FAO’s reviews of market supply and demand trends for the world’s major foodstuffs, namely cereals, oilcrops, sugar, meat, dairy, and fish. It also looks at trends in food import bills, agricultural input import bills, Ocean freight rates and FAO food price indices. The Markets and Trade Division of FAO, as part of the Global Information and Early Warning System (GIEWS), produces and publishes the Food Outlook to enhance transparency in global food markets. Concerning global cereal markets, the Food Outlook maintains a close synergy with the quarterly GIEWS publication Crop Prospects and Food Situation. Food Outlook is available in English. The summary section is available in Arabic, Chinese, French, Russian, and Spanish.
  • Thumbnail Image
    Book (series)
    Food Outlook – Biannual report on global food markets 2023
    Also available in:
    No results found.
    FAO’s latest forecasts point to increases in production and higher stocks across several basic foodstuffs. However, global food production systems remain vulnerable to shocks, stemming from weather conditions, geopolitical tensions and policies, potentially tipping the delicate demand-supply balances, with implications for global food security. Issued twice a year, the November issue of the Food Outlook offers market summaries of FAO’s reviews of market supply and demand trends for the world’s major foodstuffs, namely cereals, oilcrops, sugar, meat, dairy and fish. It also looks at trends in food import bills, Ocean freight rates, international food prices and futures markets. The Markets and Trade Division of FAO, as part of the Global Information and Early Warning System (GIEWS), produces and publishes the Food Outlook to enhance transparency in global food markets. Concerning global cereal markets, the Food Outlook maintains a close synergy with the quarterly GIEWS publication Crop Prospects and Food Situation. Food Outlook is available in English. The summary section is available in Arabic, Chinese, French, Russian, and Spanish.
Show more

Users also downloaded

Showing related downloaded files

No results found.