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.

By Thomas Reardon and Johan Swinnen

Photo credit: FAO/Mayak Akuot

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

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.

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.

Photo credit: Sven Hansen

This post originally appeared on IFPRI.org.

Photo credit: Pablo Tosco/Oxfam

An estimated 135 million people around the world faced acute levels of hunger in 2019, according to the 2020 Global Report on Food Crises, released this week. This number reflects the highest level of acute hunger seen since the report’s inception in 2017.

The 2019 increase in food crises and acute hunger is all the more concerning in the face of the COVID-19 pandemic. The report emphasizes that without urgent and widespread action, the spread of the pandemic to developing countries will further disrupt populations’ access to food, compounding existing food crises and spurring new ones.

Photo credit: G.M.B. Akash/Panos

Inclusive, sustainable food systems are crucial for long-term economic and food security, particularly in light of the new challenges presented by COVID-19.

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