Food Outlook : Biannual Report on Global Food Markets, June 2022

ACKNOWLEDGEMENTS vi

MARKET SUMMARIES 1-9

MARKET ASSESSMENTS 10-63
Wheat 11
Coarse grains 17
Rice 25
Oilcrops, oils and meals 31
Sugar 39
Meat and meat products 45
Milk and milk products 52
Fish and fishery products 58

SPECIAL FEATURES 64-83
The war in Ukraine and the risks it poses for global food commodity markets 67
High input prices protract high food prices, creating a double burden for import-dependent countrie 77

MAJOR POLICY DEVELOPMENTS 84-109
Grains 85
Rice 97
Meat 102
Dairy 106

STATISTICAL TABLES 110-147

MARKET INDICATORS 148-161
Futures markets 149
Ocean freight rates 152
Food import bills 155
The FAO price indices 158