FAO Report to the WTO Committee on Agriculture 2018

SUBMISSION BY the FAO

The following submission, dated 8 February 2018, is being circulated at the request of the Food and Agriculture Organization (FAO).

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This report is the contribution of FAO to the annual monitoring exercise of the WTO Committee on Agriculture (CoA). The report draws in large part from the latest issues of the FAO Cereal Supply and Demand Brief (February 2018), the Agricultural Market Information System (AMIS) Market Monitor (February 2018) and the FAO Food Outlook (November 2017). As in previous years, the focus of FAO's report to the CoA is on developments in the cost of imports of basic foodstuffs, highlighting in particular trends in food import bills of the Least Developed and Net Food-Importing Developing Countries (the LDCs and NFIDCs, respectively). In addition, the report covers developments in global markets for basic foodstuffs, food price volatility and of the activities of AMIS during 2017.