Food and AgricultureOrganization of the6S61-1SZ0NSSIUnited NationsFood OutlookBiannual report on alobal food marketsJune 2025
Food OutlookBiannual report on global food marketsFoodandAaricultureOraanizationoftheUnitedNationsRome.2025
Requiredditation:FAO.2025.Food Ourtloak-Biannualreportonalobal food markets. Food Outlook, June 2025.Rame.https/doi.org/10.4060/ad5655ernaturethatarenotmentionedISSN1560-8182[Online]ISBN978-92-5-139879-1QFAO,2025swork is made available under the Creative Commons Attribution-4.0 International licence (CC BY/4.0:https:/Wcreativecommonkmar be coied, e dsiouted and adaped, provded tat thewokis apopitely ated. n any useof tiswornoNatons(fAO), FA is notresponsbefor the content aracaurayof ths tansation lo).The parties shal be bound by any arbitration awvard rendered as a result of such arbitrationthispublication. Usersfrom infringement of any third-e(wwwi.fao.org/publiations) andprint copies can be purchased
HiahliahtsA0'slatest assessments indicate aWheatCoarse grainsoptimistic outlook forfoodcommoditymarkets, with production.Afteratightseasonin2024/25,coarse,commodities, exceptsuganexpected to outpace marghalincrese grain pices are stating the 202526effectsof this growthonstock recovery willeadingto a drawdownraverage levels, ledvary, depending on the delicate balanceespecially inmaizepricesinitialnsupply anddemand.GlobalfoodGlobalwheatforecastfor2025426@pointstoapotentalcommoityprodluction remairs wulheable tadeis forecast to partll ecoverfrom increase in world coarse grain suplesto weather conditions. Additionlly,the previous season'sdecline, larcelywith an expected production rebound,drivenby antipated rebound in whith shoul lea o apa tal ecovey inuncertainties in trade policy and relatedimport demand fromAsia.global stock levelsmeasures,and economicsetbacks couldnegatively affect the trade outlookRiceMeatSugarWorld rice production is forecast toGlobal meat production is forecast to | World sugar production in 2024/25each a freshpeak in 2025/26, providedImodestyin2025, undempined is foreast to detine on epectationsremainconduciveexpectedcontinuedgrowth今output,drivenbybelowalobalrice utilization and stocks. Internationalaffodabity Wold net take is also rie only modesty Goblsugr tade idtradeisalso expected to expand in 2025,xpeted to expand, fuled by obust als precicted to ontad. angely due tdespite anticipated declines in importsimport demand This combined with execedreducionsineportavabieby Asian countriesanticipatedtighteningglobal supplies,fromkey exportingcountries.toraisingnternationalmeat prices.OilcropsDairyFisheriesIn 202425, ecord sopbean poductiong 1n720,2,warld milk routionisfreat output fom fsheries and anuaculturexpected tolead to furtherstockcontinue expanding, although at ais projected to increase by 1.5 percentslower pace for the second consecutivegrowthin aquaculturegobal ailsfats markets may remainyear, and to be led principally by Asia andgrowthintight following subdued growth in palm,rica.Meanwhile,lower-than-lumes of capturefisheri...
