• The FAO Global Information and Early Warning System has released the latest Global Food Price Monitor, citing an increase in the FAO Cereal Price Index in April. Global prices of wheat and maize increased sharply last month, while global rice prices continued to decline.

    Download the full report.

  • FEWS NET has released its monthly price watch for April 2011, citing increased maize prices in March.

    Download the full report and annex

  • Just three years after the 2007-08 food crisis, the food security of poor people and vulnerable groups, especially women and children, is again threatened as the prices of basic food items increase rapidly and become more volatile. Expanding biofuel production, rising oil prices, U.S. dollar depreciation, export restrictions, and panic purchasing are again driving up food prices—to the particular detriment of the world’s poorest consumers, who spend some 50-70 percent of their incomes on food.

  • The Asian Development Bank released a report this week suggesting that rising world food prices could drive 64 million people into poverty in the region and reduce economic growth by as much as 1.5 percentage points. Surging oil prices, declining grain stocks, increased demand for biofuels, and production shortfalls due to negative climatic events have all combined to increase both domestic and international food prices. This rise in the cost of food presents a serious challenge to the region's economic recovery and growth.

  • 2006-2008 saw dramatic increases in the price of many staple food items, particularly maize, rice, and wheat. These staple commodities form the bulk of the diet of the world’s poor populations, many of whom spend over one-half of their income on food. The result in many areas of the world was worsening poverty for already poor populations due to a decline in purchasing power. While much attention has been given to the economic impacts of the rise in food prices, little empirical research has been conducted to examine the nutritional impacts of the food crisis.

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