Photo Credit: AMIS

The Global Food Market Information Group of the Agricultural Market Information System (AMIS) met in Rome on June 22-23 to discuss the current commodity market outlook for grains and oilseeds. This marked the eleventh meeting since the group was launched in 2011 at the G20 Agricultural Ministerial following the food price spikes in 2007-2008 and 2010.

Photo Credit: Milo Mitchell / IFPRI

A recent literature review, prepared for USAID, clearly reveals that investments in agricultural research have made large contributions to poverty reduction, nutrition improvement, and resilience through the systemic transformation of local agriculture and food systems. The authors reviewed dozens of peer-reviewed journal articles and books published after 2000, with an emphasis on those published since 2010.

Here are a few of the central findings:

By Eugenio Díaz-Bonilla, Senior Research Fellow and Head of IFPRI's Latin America and Caribbean Program

Photo Credit: Paul Ancheta

While progress has been made in reducing global poverty over the last two decades, about one billion people still live in poverty, according to the latest World Bank estimate. In addition, according to FAO, over 800 million people suffer from hunger, while more than two billion people suffer from macronutrient deficiencies, or “hidden hunger”. IFPRI’s 2016 Global Hunger Index reports that 50 countries continue to have “serious” or “alarming” hunger levels, with the most affected areas in Africa south of the Sahara and South Asia.

Photo Credit: UN Photo/Kibae Park

This blog originally appeared on IFPRI.org

Photo Credit: Jon S.

Food security and food prices are driven by a complex range of interacting factors, including weather, crop production levels, trade, and conflict. For several years, IFPRI has been studying whether and how another factor influences food prices: the media.

In 2016, for the first time in modern history, the number of people living in extreme poverty fell below 10 percent and the global rate of undernutrition was expected to fall below 11 percent, according to IFPRI’s newly released 2017 Global Food Policy Report (GFPR).

According to the latest Foresight Report from the Global Panel on Agriculture and Food Systems for Nutrition (GLOPAN), three billion people around the world consume low-quality diets, and this nutrition crisis will likely only get worse in the coming decades. Population growth and climate change will place increasing stress on food systems, particularly in Africa and Asia. At the same time, rapidly increasing urbanization, particularly in these two regions, will affect hunger and nutrition in complex ways.

Since the 2007-2008 food price crisis, food price volatility has been front and center in the international development conversation. The period of the crisis saw a dramatic rise in the international price of grains and other important commodities, while the years immediately following the crisis saw increasing grain price fluctuations on the international market.

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