In the latest Monthly Price Watch, released by FEWS Net on April 29, international prices of maize, wheat, rice, and soybeans were reported stable in March, and below their respective 2015 levels. The report also sees well supplied international markets for these staple foods.
The latest FAO Food Price Index, released this week, rose 1.1 points from March. This is the third consecutive month that the Index has risen, but levels remain almost 10 percent below those seen in April 2015. This latest increase was driven mainly by increased vegetable oil quotations, combined with smaller gains in cereal prices.
As the global food system becomes more integrated, urban populations grow, and incomes continue to rise around the world, the issue of food safety is drawing greater and greater attention, according to a new brief from the Global Panel on Agriculture and Food Systems for Nutrition.
Food price volatility and extreme price shocks have serious implications for politics, agriculture, climate, and food and nutrition security, according to a new book published by the Center for Development Research (ZEF) and the International Food Policy Research Institute (IFPRI), with support from the CGIAR Research Program on Policies, Institutions, and Markets (PIM).
The current El Niño cycle is being called the one of the strongest on record, and it is already having serious impacts on local food production in many developing countries around the world. Production shortfalls, and subsequent food price hikes, will be particularly harmful for the world’s poorest consumers, who research shows spend 50-70 percent of their incomes on food.
Agriculture, food prices, and food and nutrition security have long played an important role in the G7 and G20 meetings. The following links provide a timeline of some of the most important agriculture- and food-related decisions to come out of these meetings since 2011.
The global food system puts significant pressure on the world’s natural resources and is a major contributor of greenhouse gas emissions. At the same time, a large amount of the food produced by this system is either lost or wasted each year, lowering overall productivity and hurting both producers and consumers. According to a recent blog by IFPRI Director General Shenggen Fan, as much as one billion tons of food never reaches consumers.
The latest FAO Food Price Index was released this week, rising slightly from February but well below levels in March 2015. Sugar prices and vegetable oil prices rose sharply in March, but this change was offset by declines in dairy prices.
Last year witnessed the culmination of the Millennium Development Goals (MDGs) and the launch of a new global development agenda – the Sustainable Development Goals (SDGs).