The world is not on track to achieve the Sustainable Development Goal of zero hunger by 2030, according to the 2020 State of Food Security and Nutrition in the World (SOFI) report, released in mid-July.

Photo credit: Marco Verch

The FAO Food Price Index rose in June, making the first such increase in 2020. Higher prices for vegetable oils, sugar, and dairy products drove the 2.4 percent increase.

Photo credit: ILO/Minette Rimando

This piece originally appeared on IFPRI.org as part of the COVID-19 blog series.

Photo credit: FAO/Mayak Akuot

This piece originally appeared on IFPRI.org as part of the COVID-19 blog series.

Photo credit: Matt Crampton

Futures prices for most staple food commodities have fallen since February because of market supply chain disruptions associated with the spread of the COVID-19 virus and lower oil prices, among other factors. However, overall, price variability in the major agricultural commodity markets has remained relatively calm in the face of COVID-19-related shutdowns. Until recently, the exceptions to this relative calm have included hard wheat and coffee. Hard wheat saw moderate and high levels of price variability from April 9 to June 15.

As concerns over COVID-19's potential impacts on food prices and food security continue, accurate and timely data and information are more crucial than ever. On May 8, the Food Security Portal hosted a webinar on near-real-time monitoring of food crisis risk factors like the COVID-19 pandemic, food price volatility, climate-driven shocks, conflict, and economic downturns.

Photo credit: ©2011CIAT/NeilPalmer

The FAO Food Price Index plunged to a 17-month low in May, driven in large part by sustained negative economic impacts of the COVID-19 pandemic. Prices across all sub-indices declined with the exception of sugar prices.

Photo credit: ESSP

This post originally appeared on IFPRI's Ethiopia Strategy Support Program (ESSP) blog.

The share of households consuming dairy products in Addis Ababa has dropped by 11 percentage points since the COVID-19 crisis, seemingly linked to perceived risks of consuming dairy products. All income groups declined their consumption, except for the richest quintile where the share of consuming households changed little.

Photo credit: Patrick M. Loeff

The FAO Food Price Index fell for the third consecutive month in April as global markets continue to see the effects of COVID-19. The 3.4-percent decrease brought the Index to the lowest point seen since January 2019.

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