The state of agricultural commodity markets 2018

The 2018 edition of The State of Agricultural Commodity Markets aims to deepen the discussion on the broad spectrum of policy instruments available to policy-makers implementing the Paris Agreement. It examines how various forms of domestic support and trade measures relate to climate change adaptation and mitigation; how they might be used in the future; and, how World Trade Organization (WTO) rules shape policy choices. The report explores policy options that lie on the juncture of: the Paris Agreement, a framework that allows flexibility in setting targets and choosing interventions; and the WTO agreements, which are based on specific rules aimed at minimizing production and trade distortions. As such, it discusses how best to strengthen the mutually supportive role of these multilateral accords.