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This post first appeared on the International Growth Centre blog
By Antoine Bouët and David Laborde, Senior Research Fellows in IFPRI's Markets, Trade and Institutions Division.

Photo Credit: Eva-Marie Meemken/University of Goettingen

This blog was originally posted on IFPRI.org
By Eva-Marie Meemken, Postdoctoral Researcher with the University of Goettingen Department of Agricultural Economics and Rural Development.

The latest edition of the FAO Food Price Index saw a continued, albeit marginal, decline in November. The 0.5-percent decline was driven largely by a fall in dairy prices, which offset rising sugar prices. The Index remains 2.3 percent above its November 2016 level.

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According to the recently released 2017 Global Nutrition Report, the world continues to face a serious threat from multiple forms of malnutrition, including undernutrition, overnutrition, and micronutrient deficiency.

Photo Credit: Dani Bradford/IFPRI

Global commodity prices fell slightly in October, according to the latest FAO Food Price Index. Although prices remained higher at 176.4 points than their September levels, the Index is 27 percent below the all-time high seen in February 2011.

The Vegetable Oil Index fell by 1.8 points from September. Soy oil prices drove much of this decline, falling due to improved harvest prospects in the US and ample global supplies for 2017-2018.

Photo Credit: Kannan Muthuraman

The November edition of the USDA's World Agricultural Supply and Demand Estimate (WASDE) report was recently published. Released monthly, this report provides data on global and US production and trade of staple commodities, including wheat, coarse grains, rice, and oilseeds.

Photo Credit: Neil Palmer/CIAT

The November edition of the FAO GIEWS Food Price Monitoring and Analysis (FPMA) bulletin was released last week. The report finds that global cereal markets continued to be mixed in October.

The benchmark US hard wheat price fell by almost 1 percent due to higher supply estimates and improved weather conditions in key producing regions; however, this price remains 11 percent higher than its October 2016 levels. Wheat prices in the Black Sea region and Argentina rose slightly due to strong export demand and excessive rainfall, respectively.

The October edition of the USDA's World Agricultural Supply and Demand Estimate (WASDE) report Released monthly, this report provides data on global and US production and trade of staple commodities, including wheat, coarse grains, rice, and oilseeds.

Photo Credit: John Ferguson/Oxfam

With over 64 million people worldwide being displaced from their homes in 2016, understanding the links between conflict, migration, and food security has become even more crucial. Several recent reports have focused on this important topic, including the FAO’s The State of Food Security and Nutrition in the World (SOFI) report and a joint policy brief from FAO and IFPRI.

Photo Credit: ©IFPRI/Farha Khan

The October edition of the FAO GIEWS Food Price Monitoring and Analysis (FPMA) Bulletin finds mixed trends in international cereal prices. The global price of wheat rose by 6 percent in September, due in large part to weather-related concerns in the US, Australia, and Argentina. This places wheat prices 14 percent above their September 2016 levels; however, abundant global supplies and strong export competition have worked to limit the price increase.

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