Commodity market review 2001-2002
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This year’s Commodity Market Review (CMR), FAO’s annual publication on food and agricultural commodities and trade, introduces some innovations over earlier editions. The main focus of the CMR in the past was on a review of developments in commodity markets, describing the current situation and the shortterm outlook. This new edition includes five analytical articles which look beyond the current situation and outlook to explain in more detail and explain some of the implications of factors whic h shape commodity market developments and topical policy issues. In this edition there are articles on long term trends in basic foodstuffs prices, the influence of oil prices on agricultural commodity prices, tariff peaks and tariff-cutting formulae, African food deficits and surpluses, and the impact of the Uruguay Round Agreement on Agriculture. The situation and outlook of food and agricultural commodity markets is still here in Part II of the new publication, but in a slightly condensed for m. Market reviews are presented for 19 food and agricultural commodities.