Farmers’ ability to access reliable and inclusive systems of finance is critical for agricultural growth and economic development. Proper financing enables farmers to make long-term productive investments and to overcome short-term crises.
The August FAO Food Price Index increased by 3 points (1.9 percent) from July to 165.6 points reaching a 15 month high. This increase was predominantly driven by price increases in dairy, oils and sugar, though all commodities covered except for cereals experienced an increase.
The monsoon season in Southeast Asia extends from May through September. According to a special report from the FAO's Global Information and Early Warning System (GIEWS), this year's monsoon season has seen above-average rains, along with a series of typhoons and tropical storms from June through early August.
The USDA’s monthly report on World Agricultural Supply and Demand Estimates (WASDE) was released on August 12.
Ownership and control of assets have become increasingly recognized for their role in reducing poverty and improving individuals’ and households’ long-term well-being. In addition, research has shown that women’s ownership and control of assets can have important development outcomes both for women themselves and for their families.