Photo Credit: Flickr: Waywuwei

Global wheat export prices fell in February as a result of slowing trade activity, ample supplies, and generally good growing conditions throughout the Northern Hemisphere, according to this month's FAO Food Price Monitoring and Analysis Bulletin. These prices reflect a decline of almost 20 percent from February 2015.

Photo Credit: Flickr: Waywuwei

Global wheat export prices fell in February as a result of slowing trade activity, ample supplies, and generally good growing conditions throughout the Northern Hemisphere, according to this month's FAO Food Price Monitoring and Analysis Bulletin. These prices reflect a decline of almost 20 percent from February 2015.

FAO's first Crop Prospects and Food Situation report of 2016 estimates that while global stocks remain at adequate levels, a total of 34 countries are in need of external food assistance due to a combination of civil conflict and El Niño-linked weather conditions. Twenty-seven of those countries are in Africa, where adverse weather resulted in significantly lower 2015 cereal harvests.

Photo Credit: Flickr: IITA

Improved seed varieties that are more resistant to heat, drought, and pests and disease can help farmers increase their crop yields and adapt to the effects of climate change. However, smallholder farmers often do not use improved seeds, because of prohibitively high costs, a lack of access to seed dealers, or a lack of information about the benefits of improved varieties.

Photo Credit: Flickr: Frank Doyle

Markets play a crucial role in global agricultural development and food security, and well-functioning markets require effective, transparent regulations to ensure agricultural safety, quality, and economic efficiency. The World Bank’s 2016 Enabling the Business of Agriculture report examines the current state of agricultural and agribusiness regulations across the globe and provides some important lessons.

Photo credit: Flickr: McKay Savage

The FAO Food Price Index fell nearly 3 points in January, signaling a continued decrease in all of the commodities tracked by the Index and a decline of nearly 29 points from January 2015. This continued fall in prices is in part driven by the strong global supply highlighted in this month’s AMIS Market Monitor, along with an appreciating US dollar and lower global oil prices.

By: Joseph Glauber, IFPRI
A strong El Niño continued through December, as indicated by above-average sea surface temperatures (SST) across the central and eastern equatorial Pacific Ocean. The strength and duration of the current El Niño event has raised concerns about global crop prospects and food prices.

Photo Credit: Adam Cohn (flickr)

The Food and Agriculture Organization of the United Nations (FAO), the International Food Policy Research Institute (IFPRI) and the CGIAR research program on Policies, Institutions, and Markets (PIM) today launched a new initiative to enhance global cooperation on measuring and reducing food loss and waste. The G20 agriculture ministers requested FAO and IFPRI to launch this initiative in Istanbul, Turkey, this past May.

In the face of price spikes, climate change, and other stressors from the national to the global scale, the promotion of resilience has gained traction in the development community as a means of insuring that populations vulnerable to food and nutrition insecurity are equipped with the tools to survive and even thrive in our unpredictable world.

Girl in in Zorro village, Burkina Faso. Photo credit: flickr (CIFOR)

The World Bank released some good news this month regarding extreme global poverty. In the report “Ending Extreme Poverty and Sharing Prosperity: Progress and Policies,” the Bank predicts that by the end of 2015, the number of people living in extreme poverty worldwide will drop from 902 million (the 2012 level) to 702 million, or 9.6 percent of the global population.

Share