Food outlook November 2021: biannual report on global food markets

Global food trade has accelerated and is poised to hit an all-time record in both volume and value terms, according to this new report by the Food and Agriculture Organization of the United Nations (FAO). By the end of 2021, the global food import bill should extend beyond $1.75 trillion, marking a 14 per cent increase from the previous year, and 12 per cent higher than the previous forecast.