The State of Agricultural Commodity Markets 2024

Acknowledgements

The State of Agricultural Commodity Markets 2024 (SOCO 2024) was prepared by a multidisciplinary team of the Food and Agriculture Organization of the United Nations (FAO) under the direction of Boubaker Ben-Belhassen, Director of the Markets and Trade Division, George Rapsomanikis, Senior Economist and Editor of SOCO 2024, and Andrea Zimmermann, Economist and co-Editor of SOCO 2024. Overall guidance was provided by Máximo Torero Cullen, Chief Economist, and by the management team of the Economic and Social Development stream.

Research and writing team
The research and writing team at the Markets and Trade Division was composed of: Andrea Zimmermann, Clarissa Roncato Baldin, Edona Dervisholli, George Rapsomanikis and Husam Attaallah.

External reviewers
The writing team received valuable comments from external reviewers, including: Anne Marie Thow (University of Sydney), Silvio Traverso (University of Eastern Piedmont) and Stefano Schiavo (University of Trento).

Internal reviewers
The writing team is grateful for the valuable comments received from the following reviewers:

Adrienne Egger, Benoist Veillerette, Boubaker Ben-Belhassen, Bridget Holmes, Corinna Hawkes, Cosimo Avesani, Fatima Hachem, Georgios Mermigkas, Giles Hanley-Cook, Guenter Hemrich, Divine Nganje Njie, Ida Christensen, Lynnette Neufeld, Maria Xipsiti, Marcio Castro de Souza, Máximo Torero Cullen, Mohamed Manssouri, Nancy Aburto, Stefania Vannuccini, Ti Kian Seow and Trudy Wijnhoven.

Contributors
The following authors contributed background papers and technical notes for this report: Anne Marie Thow (University of Sydney), Edona Dervisholli (FAO), Helen Walls (London School of Hygiene & Tropical Medicine), Helena Engemann (University of Bonn), Lorenzo Rotunno (Aix-Marseille University, on leave), Małgorzata Karolina Kozłowska (FAO consultant), Silvio Traverso (University of Eastern Piedmont), Stefano Schiavo (University of Trento) and Yaghoob Jafari (University of Bonn).

The writing team was grateful for the valuable additional contributions from: Aikaterini Kavallari, Aydan Selek, Bridget Holmes, Carlo Cafiero, Cosimo Avesani, Dominique Habimana, Georgios Mermigkas, Giles Hanley-Cook, Salar Tayyib (in memoriam), Tomasz Filipczuk, Trudy Wijnhoven and Valentina Conti.

Administrative support
Angela Towey provided administrative support. Translations were delivered by the Language Branch (CSGL) of the FAO Governing Bodies Servicing Division (CSG).

The Publishing Group (OCCP) in FAO’s Office of Communications provided editorial support, design and layout, as well as production coordination and printing services for editions in all six official languages.

Data access
FAO thanks the World Bank’s International Comparison Program (ICP) for providing access to ICP 2017 retail price data for use in the food price analysis, and Pepita Barlow (Data Curator, University of Oxford) for providing guidance on the dataset on trade challenges regarding food and beverage regulations.

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This flagship publication is part of The State of the World series of the Food and Agriculture Organization of the United Nations.

Required citation:
FAO. 2024. The State of Agricultural Commodity Markets 2024 – Trade and nutrition: Policy coherence for healthy diets. Rome. https://doi.org/10.4060/cd2144en

The designations employed and the presentation of material in this information product do not imply the expression of any opinion whatsoever on the part of the Food and Agriculture Organization of the United Nations (FAO) concerning the legal or development status of any country, territory, city or area or of its authorities, or concerning the delimitation of its frontiers or boundaries. Dashed lines on maps represent approximate border lines for which there may not yet be full agreement. The mention of specific companies or products of manufacturers, whether or not these have been patented, does not imply that these have been endorsed or recommended by FAO in preference to others of a similar nature that are not mentioned.

ISSN 2663-8207 (print)
ISSN 2663-8215 (online)
ISBN 978-92-5-139061-0
© FAO, 2024

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THAILAND. Farmer heading to a floating market to sell organic produce.