Europe and Central Asia: Regional food market situation and policy bulletin in response to the COVID-19 pandemic

FAO

Europe and Central Asia: Regional food market situation and policy bulletin in response to the COVID-19 pandemic

Copyright licence

Year of publication 2020

Place of publication Rome, Italy ;

Pages 16 p.

Author FAO

Publisher FAO ;

Category Bulletin

ISBN 978-92-5-133114-9

Series number No. 2

Edition 1

Full item page

To cite or share https://doi.org/10.4060/cb0450en

Synopsis (short abstract) Based on the FAO’s latest forecast, world cereal production in 2020 is set at 2 790 million tonnes, which would surpass the record high reached in 2019 by as much as 3 percent (81.3 million tonnes) and which would be 5 percent above the five-year average from 2015–2019. The forecast is based on near-average supply prospects in the new season, which, however, remain uncertain due to possible climatic shocks and the ongoing COVID-19 pandemic impact. In many parts of the world, local markets are bracing for the looming impacts of COVID-19 amid uncertainties related to demand, logistics and even access to food. Close monitoring of the market will be necessary for the next several months.

See the full list of policy briefs related to COVID-19. Last updated date 29/07/2020.

Cite this content as:

FAO. 2020. Europe and Central Asia: Regional food market situation and policy bulletin in response to the COVID-19 pandemic. No. 2. Rome.

https://doi.org/10.4060/cb0450en

Language English

Also available in:

Russian

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Bulletin
Europe and Central Asia: Regional food market situation and policy bulletin in response to the COVID-19 pandemic 2020

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According to the FAO Global Information and Early Warning System (GIEWS), cereal production in 2019 and the estimated closing stock in 2019/20 are both near record highs and supplies in Europe and Central Asia (ECA) and around the world are estimated to be sufficient. As a result, global cereal markets are expected to remain balanced and comfortable despite worries over the impacts of the COVID-19 pandemic. However, localized disruptions, largely due to logistical issues, have caused some snarls in food distribution systems and food supply chains in some domestic markets. Though the anticipated duration and magnitude of these disruptions are unlikely to significantly affect global food markets, the regional and national food markets need to be monitored closely.
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FAO COVID-19 Response and Recovery Programme for Europe and Central Asia 2020

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The COVID-19 pandemic is jeopardizing human health and disrupting the food systems that are the foundations of health. Unless we take immediate action, we could face a global food emergency of severity and scale unseen for more than half a century. FAO is calling for USD 1.2 billion in initial investments to finance FAO’s COVID-19 Response and Recovery Programme that aims to provide an agile and coordinated global response to ensure nutritious food for all both during and after the pandemic. The  COVID-19 Response and Recovery Programme enables donors to leverage the Organization’s convening power, real-time data, early warning systems and technical expertise to direct support where and when it is needed most. It spans seven key priority areas: 1. Global Humanitarian Response Plan 2. Data for decision-making 3. Economic inclusion and social protection to reduce poverty 4. Trade and food safety standards 5. Boosting smallholder resilience for recovery 6. Preventing the next zoonotic pandemic 7. Food systems transformation This brochure presents the COVID-19 Response and Recovery Programme in Europe and Central Asia, and invites a broad range of partnerships, including both new and renewed partnerships with FAO Members, other governments, the private sector, civil society, academia and cooperatives.
General interest book

The impact of COVID-19 on agriculture, food and rural areas in Central Asia and Caucasus countries
Final report of a study commissioned by FAO
2021

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This report contributes to the project ‘Securing agriculture and rural development in times of COVID-19, pathways to regional responses for recovery, reforms, and resilience’ by the Food and Agriculture Organization of the United Nations (FAO). The objectives of the report are threefold: 1) to assess the multiple impacts of the COVID-19 pandemic on agriculture, food security, and rural community; 2) to review the policy responses taken by the governments of eight Central Asia and Caucasus (CAC) countries to mitigate the effects of the crisis, and 3) to provide contextual options to build the resilience of the agricultural sector during post-COVID-19 recovery and against future shocks.