November 2023Food Outlook BIANNUAL REPORT ON GLOBAL FOOD MARKETS ISSN 0251-1959801001201401602014-2016 =1002020202320222021FAO Food Price IndexDNOSAJJMAMFJ BIANNUAL REPORT ON GLOBAL FOOD MARKETS Food and Agriculture Organization of the United Nations Rome, 2023Food OutlookRequired citation:FAO. 2023. Food Outlook – Biannual report on global food markets. Food Outlook, November 2023. Rome. https://doi.org/10.4060/cc8589enThe designations employed and the presentation of material in this information product do not imply the expression of any opinion whatsoever on the part of the Food and Agriculture Organization of the United Nations (FAO) concerning the legal or development status of any country, territory, city or area 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 similar nature that are not mentioned.The views expressed in this information product are those of the author(s) and do not necessarily reflect the views or policies of FAO.ISSN 0251-1959 [print]ISSN1560-8182 [online]ISBN 978-92-5-138359-9© FAO, 2023 Some rights reserved. This work is made available under the Creative Commons Attribution-NonCommercial-ShareAlike 3.0 IGO licence (CC BY-NC-SA 3.0 IGO; https://creativecommons.org/licenses/by-nc-sa/3.0/igo/legalcode). Under the terms of this licence, this work may be copied, redistributed and adapted for non-commercial purposes, 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 the work is adapted, then it must be licensed under the same or equivalent Creative Commons licence. If a translation of this work is created, it must include the following disclaimer along with the required citation: “This translation was not created by the Food and Agriculture Organization of the United Nations (FAO). FAO is not responsible for the content or accuracy of this translation. The original [Language] edition shall be the authoritative edition.”Disputes arising under the licence that cannot be settled amicably will be resolved by mediation and arbitration as described in Article 8 of the licence except as otherwise provided herein. The applicable mediation rules will be the mediation rules of the World Intellectual Property Organization http://www.wipo.int/amc/en/mediation/rules and any arbitration will be conducted in accordance with the Arbitration Rules of the United Nations Commission on International Trade Law (UNCITRAL).Third-party materials. Users wishing to reuse material from this work that is attributed to a third party, such as tables, figures or images, are ...