What's New
Featured blog
Maize, Wheat Prices Stable; Soybean Prices Remain Volatile
As poor weather continues to hammer crops in the US, all eyes are on the impact the drought will have on global food prices. It is important for policymakers to look at all the information surrounding food prices, including price volatility. IFPRI's Excessive Food Price Variability Early Warning System provides reliable daily monitoring of food prices and price volatility, based on sophisticated statistical modeling (NEXQ: Nonparametric Extreme Quantile Model).
USDA Releases World Agricultural Supply and Demand Estimates
The USDA has released the latest World Agricultural Supply and Demand Estimate. This report provides comprehensive forecasts of supply and demand for major U.S. and global crops and livestock.
Food Price Index Sees Rebound in July
The latest FAO Food Price Index was released today, citing an increase of 12 points from June. While the Index averaged 213 points in July, it remains well below the peak levels reached in February 2011.
USDA Provides Comprehensive Disaster and Drought Assistance Resources
As the drought in the US Midwest continues, stakeholders need access to up-to-the-minute information regarding weather patterns, crop conditions, and markets and prices. The USDA has released a comprehensive set of resources called Disaster and Drought Assistance to help stakeholders stay connected and informed about changing conditions.
FEWS Monthly Price Watch Sees Price Increases for Maize, Soybeans, Wheat
FEWS NET has released its latest Monthly Price Watch , citing continuing rising prices for many staple commodities. US maize prices rose by 20% in July due to the ongoing drought in the Midwest; drop losses in both the US and South America have contributed to increased prices for soybeans and soybean oil as well. International wheat prices also increased in June and July due to expected shortfalls in the European Union, Russia, and Kazakhstan.