食品展望：全球食品市场半年报

Biannual report on global food markets June 2026 FoodOutlook Biannual report on global food markets Required citation:FAO. 2026.Food Outlook – Biannual report on global food markets.Food Outlook, June 2026. https://doi.org/10.4060/ce0204en The designations employed and the presentation of material in this information product do not imply the expression of any opinion whatsoever on thepart of the Food and Agriculture Organization of the United Nations (FAO) concerning the legal or development status of any country, territory, city orarea or of its authorities, or concerning the delimitation of its frontiers or boundaries. The mention of specific companies or products of manufacturers,whether or not these have been patented, does not imply that these have been endorsed or recommended by FAO in preference to others of a similarnature that are not mentioned. ISSN 0251-1959 [Print]ISSN 1560-8182 [Online]ISBN 978-92-5-140448-5 © FAO, 2026 Some rights reserved. This work is made available under the Creative Commons Attribution- 4.0 International licence (CC BY 4.0: https://creativecommons. Under the terms of this licence, this work may be copied, redistributed and adapted, provided that the work is appropriately cited. In any use of this work,there should be no suggestion that FAO endorses any specific organization, products or services. The use of the FAO logo is not permitted. If a translationor adaptation of this work is created, it must include the following disclaimer along with the required citation: “This translation [or adaptation] was notcreated by the Food and Agriculture Organization of the United Nations (FAO). FAO is not responsible for the content or accuracy of this translation [oradaptation]. The original [Language] edition shall be the authoritative edition.” Any dispute arising under this licence that cannot be settled amicably shall be referred to arbitration in accordance with the Arbitration Rules of the UnitedNations Commission on International Trade Law (UNCITRAL). The parties shall be bound by any arbitration award rendered as a result of such arbitrationas the final adjudication of such a dispute. Third-party materials.This Creative Commons licence CC BY 4.0 does not apply to non-FAO copyright materials included in this publication. Userswishing to reuse material from this work that is attributed to a third party, such as tables, figures or images, are responsible for determining whetherpermission is needed for that reuse and for obtaining permission from the copyright holder. The risk of claims resulting from infringement of any third-party-owned component in the work rests solely with the user. FAO photographs.FAO photographs that may appear in this work are not subject to the above-mentioned Creative Commons licence. Queries for theuse of any FAO photographs should be submitted to:photo-library@fao.org. Sales, rights and licensing.FAO information products are available on the FAO website (www.fao.org/publications) and print copies can be purchasedthrough the distributors listed there. For general enquiries about FAO publications please contact: publications@fao.org. Queries regarding rights andlicensing of publications should be submitted to:copyright@fao.org. Photo credits (left to right/top to bottom):© iStock/AscentXmedia; © FAO/Riccardo De Luca/; © iStock/wlfella; © iStock/Alexcrab; © iStock/nespix; © iStock/Zbynek Pospisil; © FAO; © iStock; © iStock/ Alfribeiro; © FAO; © iStock/Coprid; © FAO/Victor Sokolowicz;© iStock Highlights Despite spillovers from energy andfertilizer markets into agriculture, theoutlook for global food commoditymarketsremains relatively favourable,according to FAO’s latest assessments. Cerealproduction is expected to ease from recordhighs but remains at historically elevatedlevels. Nevertheless, the outlook remainshighly contingent on weather developments,including emergence of El Niño, whichcontinueto pose significant risks toproduction. At the same time, rising conflictsandgeopolitical tensions,uncertaintysurrounding trade policies and broadermacroeconomic headwinds will still weighon trade prospects and market stability. Coarse grains Wheat Globalwheat production is forecast todecline in 2026, primarily driven by reducedoutputsamong major exporters,whileutilization is expected to remain broadlystable.With lower exportable suppliesand softer import demand, global wheattrade is set to contract, while stocks areanticipated to remain relatively comfortableoverallalbeit with tighter stock levelsamong key exporters. Following a record outturn in 2025/26,coarsegrain markets are expected tofacerenewed easing of production in2026/27. While global supplies are still setto remain historically high, the anticipateddecline in output-largely driven by lowermaizeproduction-maylimitfurtherrebuildingof stocks and keep marketfundamentals broadly balanced. Meat Sugar Rice Globalmeat production growth paceisanticipated to moderate in 2026,withpoultry