Commodity

The latest FAO Food Price Index , released today, rose 3.2 points from April. This is the fourth consecutive month to see a slight increase in the Index; however, prices remain 7 percent below May 2015 levels.

The FAO Food Price Index averaged nearly 162 points in October, up 3.9 percent from the previous month. This was the sharpest increase since July 2012, but the index is still down 16 percent from this time last year.

The Agricultural Market Information System (AMIS) organized a special event "Food Market Outlook - An AMIS Perspective for 2015/16" at Expo Milan on Monday, 19 October 2015. Leading experts from AMIS-participating countries presented the outlook for wheat, maize, rice and soybean markets and addressed questions from a live and virtual audience on topics including:

Conditions are favorable for wheat, maize and soybeans in the northern hemisphere according to this month's AMIS Market Monitor, while conditions for rice are mixed depending on the country.

The AMIS Market Monitor provides a synopsis of major developments in international commodity markets, focusing on wheat, maize, rice and soybeans. It represents the collective assessment of the ten international organizations that form the AMIS Secretariat concerning the international market situation and outlook.

The April edition of the FAO Monthly News Report on Grains was released today, with multiple articles addressing China's grain management system and coverage of record cereal and wheat harvests for Morocco and India, respectively. The report also covers ongoing global and regional trends in grain prices and policies.