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World Commodity Forecasts Food Feedstuffs and Beverages December 2021

World Commodity Forecasts. Food, Feedstuffs, and Beverages, 2021

2021 The Economist Intelligence Unit Ltd. All rights reserved. Reproduced with permission of the copyright owner. No further reproduction is permitted. ;ISSN: 1351-8968 ;EISSN: 2047-9808

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  • Title:
    World Commodity Forecasts Food Feedstuffs and Beverages December 2021
  • Subjects: Agricultural commodities ; Beverages ; Cocoa ; Coffee ; Commodities ; Commodity prices ; Corn ; Coronaviruses ; Diet ; Exports ; Food ; Food consumption ; Grain ; Meat ; Oilseeds ; Palm oil ; Population growth ; Prices ; Pricing ; Sorghum ; Soybean oil ; Soybeans ; Stock exchanges ; Sugar ; Vegetable oils ; Wheat
  • Is Part Of: World Commodity Forecasts. Food, Feedstuffs, and Beverages, 2021
  • Description: Rising prices of grains, oilseeds and sugar supported the FFB index in 2021 EIU estimates that its food, feedstuffs and beverages (FFB) price index will have increased by 35% in 2021, boosted by strong rises across all sub-indexes. World grains consumption in food and feed continues to climb, with demand for animal proteins such as meat, eggs and milk underpinned by population growth, rising incomes and longer-term shifts in dietary preferences. EIU commodity price index 2021 2022 2023 2024 1 Qtr 2 Qtr 3 Qtr 4 Qtr 1 Qtr 2 Qtr 3 Qtr 4 Qtr 1 Qtr 2 Qtr 3 Qtr 4 Qtr 1 Qtr US dollar index (1990=100) WCF 202.3 219.0 225.8 235.9 230.4 227.5 222.2 218.5 214.2 214.0 212.4 211.8 213.1 FFB 212.2 227.2 233.9 243.7 242.5 238.9 231.8 225.6 218.3 216.6 213.3 211.5 215.0 Beverages 183.5 196.1 219.7 242.5 249.3 236.3 225.5 214.3 201.1 195.0 188.6 183.9 192.1 Grains 215.1 232.3 239.4 255.7 251.7 250.0 241.5 234.6 228.3 228.3 226.1 224.4 226.9 Oilseeds 242.6 256.6 249.4 241.8 240.5 240.4 237.4 236.2 230.3 228.7 225.6 225.2 227.5 Sugar 124.7 135.0 150.8 146.6 140.2 135.5 133.9 125.1 125.1 123.5 121.9 121.9 123.1 % change, year on year WCF 31.1 50.6 39.1 29.6 13.9 3.9 -1.6 -7.4 -7.0 -5.9 -4.4 -3.1 -0.5 FFB 31.1 47.1 37.8 26.3 14.3 5.1 -0.9 -7.4 -10.0 -9.3 -8.0 -6.3 -1.5 Beverages 8.1 14.9 17.7 34.3 35.8 20.5 2.6 -11.6 -19.3 -17.5 -16.4 -14.2 -4.4 Grains 30.9 49.4 44.6 28.7 17.0 7.6 0.9 -8.3 -9.3 -8.7 -6.4 -4.4 -0.6 Oilseeds 50.1 68.0 41.3 17.1 -0.9 -6.3 -4.8 -2.3 -4.2 -4.9 -5.0 -4.6 -1.2 Sugar 15.2 52.8 48.8 31.6 12.5 0.3 -11.2 -14.7 -10.8 -8.8 -8.9 -2.5 -1.6 Note. Individual commodity prices 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 Cocoa (US cents/lb) 92.1 104.0 106.2 107.5 110.7 117.9 116.8 101.0 102.0 104.0 Coffee (Arabica) (US cents/lb) 150.7 132.7 130.6 150.8 203.1 227.5 168.8 148.0 153.0 154.0 Coffee (Robusta) (US cents/lb) 100.9 84.8 73.6 68.8 89.8 98.3 73.8 73.0 76.0 77.0 Tea (US$/kg) 3.15 2.85 2.56 2.70 2.69 2.92 2.80 2.95 3.00 2.95 Sugar (US cents/lb) 16.0 12.5 12.7 12.8 17.5 16.8 15.5 15.0 14.8 14.6 Barley (US$/tonne) 101.5 101.0 102.0 101.7 132.3 143.6 130.4 112.4 114.5 115.3 Maize (US$/tonne) 160.9 172.4 176.0 180.8 273.8 263.8 253.8 215.0 212.0 215.0 Rice (US$/tonne) 389.8 405.5 402.3 479.3 446.8 411.3 410.0 430.0 425.0 420.0 Sorghum (US$/tonne) 836.9 842.1 852.8 850.4 1,106.7 1,201.6 1,090.7 940.0 957.7 964.8 Wheat (US$/tonne) 211.5 241.3 219.8 239.8 312.0 338.8 307.5 265.0 270.0 272.0 Soybeans (US$/tonne) 377.0 361.3 347.0 386.3 544.3 518.8 520.0 475.0 440.0 449.0 Soybean oil (US$/tonne) 850.4 789.1 765.4 837.8 1,359.3 1,364.6 1,367.9 1,354.8 1,364.6 1,367.9 Soymeal (US$/tonne) 350.2 405.2 390.0 394.2 477.9 446.8 447.8 505.0 486.0 475.0 Palm oil
  • Publisher: New York: The Economist Intelligence Unit N.A., Incorporated
  • Language: English
  • Identifier: ISSN: 1351-8968
    EISSN: 2047-9808
  • Source: ProQuest Central

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