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  • Publication | 2024

AMIS Market Monitor December 2024

Global Food and Nutrition Security

Global prices for AMIS crops are currently lower than they were a year ago. The maize subindex has decreased by 1.5 percent, while wheat and rice prices have dropped by around ten percent, and soybean prices have fallen by nearly 20 percent. This suggests a comfortable global market situation for the current marketing season. However, uncertainties remain, particularly regarding potential changes in U.S. trade policies and the responses from trading partners. With 2024 likely to be the warmest year on record, variations in rainfall and temperature will have both positive and negative effects on crop yields across different commodities and areas.