The trend of increasing commodity prices that lasted for about 10 years between 2003 and 2012 has given way to lower global prices. It is now widely believed that prices will remain relatively low in the medium term, as growth in emerging economies has decelerated and, in general, commodity...

This report, prepared by FAO and the OECD with inputs from ERIA, IFPRI, IFAD, and WTO, has been submitted to the G20 Presidency of Japan in response to the Presidency’s request for background notes on Sustainable, Productive and Resilient Agro-Food Systems: value chains, human capital, and the...