The State of Agricultural Commodity Markets 2024

The State of Agricultural Commodity Markets 2024

ByNeXoMercados

Trade is an essential part of our agri-food systems, as it fulfills the fundamental function of moving food from surplus regions to deficit regions, thus contributing to global food security. Global food markets connect people and countries around the world; they contribute to the efficient use of natural resources worldwide; they facilitate the supply of sufficient, safe, and diverse food; and they generate income for farmers and people working in the food and agriculture sectors. Trade is inherent to the economic, social, and environmental dimensions of sustainable development. It is also closely related to economic growth, interacts with people, and establishes links with the environment. [1]

OECD-FAO Agricultural Outlook 2024-2033

OECD-FAO Agricultural Outlook 2024-2033

ByNeXoMercados

Trade is an essential part of our agri-food systems, as it fulfills the fundamental function of moving food from surplus regions to deficit regions, thus contributing to global food security. Global food markets connect people and countries around the world; they contribute to the efficient use of natural resources worldwide; they facilitate the supply of sufficient, safe, and diverse food; and they generate income for farmers and people working in the food and agriculture sectors. Trade is inherent to the economic, social, and environmental dimensions of sustainable development. It is also closely related to economic growth, interacts with people, and establishes links with the environment. [1]

Increase in lone wolf and adolescent terrorist attacks.
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Increase in lone wolf and adolescent terrorist attacks.

ByNeXoMercados

This threat is growing in various countries, as revealed by the IEP, Institute for Economics and Peace, which shows an increase in attacks, doubling the number from 2023. These are young people acting on their own, known as lone wolves. Additionally, their precocity is surprising: one in five people detained in Europe for terrorism in 2024 was a minor. The trend is that there are more attacks, with fewer deaths, but covering more countries, 66 attacks in 2024 compared to 58 in 2023, with Germany being the most affected country, as reflected by TN in its article…

A world that spends more and more on military expenditure.
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A world that spends more and more on military expenditure.

ByNeXoMercados

The world faces a certainty: uncertainty. Trade and military wars, as well as a weakening and questioning of societies towards liberal democracy, make the emotional state of the world one of anguish. In the face of war, Europe is rebuilding its security architecture and defense capability, as concerned about Russia as it is about the United States, from which it continues to massively buy weapons, with military spending being a central concern. The EU announced a rearmament plan through loans worth 150 billion euros. Almost two-thirds of the weapons imported by European NATO members between 2020 and 2024 came from the United States, a significant increase from the 52%…