Global food trade is buoyant, as are prices

Thursday, June 10, 2021
Global food trade is poised for a resilient year ahead even as international food commodity prices are set to remain high amid supply and demand uncertainties, according to a new report released today by the Food and Agriculture Organization of the United Nations (FAO). The report notes that trade flows continued to reach new highs during the ongoing COVID-19 pandemic. In fact, on a global level, trade in agricultural products - particularly less-perishable foods - performed more robustly than the broader merchandise sectors.
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