The AMIS Market Monitor provides a synopsis of major developments in international commodity markets, focusing on wheat, maize, rice and soybeans. The analysis is a collective assessment of the member organizations of AMIS concerning the international market situation and outlook.
Food, Fertilizer Prices Continue to Rise Amid Trade Uncertainties
Rising vegetable oil, cereal, sugar, and dairy prices drove the FAO Food Price Index up by 1.6 percent in February. However, overall prices remain almost 21 percent lower than the peak seen in March 2022.
Agricultural Market Information System (AMIS) Market Monitor March 2025
Most Commodity Prices Decline, But Concerns Over Trade, Climate Remain
The FAO Food Price Index declined by 1.6 percent from December. While the Index was 6.2 percent higher than its January 2024 level, it remains 22 percent below its peak of March 2022.
Agricultural Market Information System (AMIS) Market Monitor February 2025
Markets are also watching for potential changes in US trade policies and the responses from trading partners. This month's feature article reveals no evidence of long-term global yield growth deceleration. Instead, slow yield growth in certain commodities, regions, or countries appears to have been offset by accelerated growth elsewhere.
Yet, caution is in order: Global temperatures in 2024 were the warmest since records began in 1850, necessitating developments of cultivars resilient to temperature and precipitation variations.
Food Prices Reach Highest Level Since April 2023
Rising dairy and vegetable oil prices drove the FAO Food Price Index up by 5.7 percent from November 2023 and to the highest value seen since April 2023. The Index remained more than 20 percent below the peak reached in March 2022, however.
Agricultural Market Information System (AMIS) Market Monitor December 2024
However, uncertainties persist, particularly concerning potential shifts in U.S. trade policies and the reactions from trading partners. With 2024 projected to be the warmest year on record, variations in rainfall and temperature are expected to have mixed impacts on crop yields, varying by commodity and region.
FAO Food Price Index Reaches Highest Level in 18 Months
The FAO Food Price Index rose 2 percent in October to reach its highest level since April 2023. However, the Index remained 20.5 percent below the record high seen in March 2022.
Agricultural Market Information System (AMIS) Market Monitor November 2024
Agricultural Market Information System (AMIS) Market Monitor October 2024
weather-influenced market fundamentals, the export prices for wheat, maize, and soybeans all increased in September, though
they remained below their levels from a year earlier. Rice prices stayed softer. Fertilizer markets, generally well-supplied, anticipate
seasonally increased activity in the last quarter of the year. In September, India lifted its 14-month export ban on non-basmati rice,
replacing it with a minimum export price.
Fertilizer Prices Declining But Remain High Globally: FAO Food Price Index and AMIS Market Monitor Released
The FAO Food Price Index declined slightly in August due to falling sugar, meat, and cereal prices. The Index was just over 1 percent lower than its August 2023 value and nearly 25 percent below the peak reached in March 2022.