The State of the Agricultural Commodity Markets 2026 - SOCO2026

This week, at the UN’s FAO in Rome, we will looked at the State of the Agricultural Commodity Markets 2026 SOCO2026. What are the effects of the closure of the Strait of Hormuz and of Russia’s ongoing illegal war of aggression against Ukraine on global trade in wheat, maize, and rice and on global food security? How resilient are agricultural commodity markets when hit by climate shocks and extreme weather events? How can we diversify supply of and trade routes for fertilizers? 

The European Union is a strong supporter of transparent, open, predictable and rules-based international agricultural trade. We conveyed this message at FAO, in close coordination with our colleagues from Ireland, the current holders of the rotating EU Council presidency. We support FAO’s work on market monitoring, forecasting and early-warning systems, notably AMIS, FAO’s Agricultural Markets Information System, to allow for evidence-based policy responses. 

Further details:

On SOCO https://doi.org/10.4060/cd8309en

On AMIS: http://www.amis-outlook.org