Hard wheat prices experienced a third day of excessive volatility on August 8, according to the Food Security Portal’s Excessive Food Price Variability Early Warning System.
Photo Credit: Falk LademannThe FAO Food Price Index fell sharply in July, the largest such decline since December 2017. The Index dropped by around 3.7 percent month-to-month from June, as well as 3.7 percent from its July 2017 levels. The decline is driven by reductions across all sub-indices.
The Cereal Price Index fell 3.6 percent from June and 0.8 percent from July 2017. The price of wheat, maize, and rice declined in June, although maize and wheat prices crept back up toward the end of the month due to concerns over production prospects.
The post first appeared on the World Food Prize’s The Borlaug Blog. By Smita Aggarwal
Photo credit: Ostergaard/PanosAccording to a new report from GAIN and the United States Council for International Business, one in three people worldwide suffer from either undernourishment or overweight/obesity. This malnutrition crisis is now global, affecting every country in the world.
Photo credit:By: Luciana Delgado, IFPRI
