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last release: December 2021

Supply & Demand


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The year 2021 has not been easy for food markets given an abundance of uncertainties, from production to distribution and consumption. Prices kept climbing and even reached record highs for some crops, turning food inflation into a major concern, even in developed countries. Overall, markets continued to show their resilience, with global supplies remaining adequate and logistical bottlenecks proving short-lived. As pressures on global food security keep mounting, markets will hopefully enter more stable waters in the coming year in order to ensure adequate access to food for the most vulnerable.