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The FAO Food Price Index fell marginally in May but remained 6 percent higher than its May 2024 level. The decline was driven by falling cereals, sugar, and vegetable oils prices.

Fertilizer is a critical input for agricultural productivity, and its increased use has been closely associated with rising agricultural yields in many countries. In developing economies that rely heavily on fertilizer imports and are home to vulnerable smallholder farmers, fertilizer price spikes can pose serious risks. When farmers lack access to effective risk-sharing mechanisms, sudden or excessive increases in fertilizer prices can discourage adoption, disrupt planting decisions, and reduce productivity.

As the Israel-Hamas conflict rages on in the Gaza Strip, the territory’s entire population of more than 2 million remains under threat of severe food crisis. The latest alert from the IPC Integrated Phase Classification for Acute Food Insecurity reports that one in five people in the Gaza Strip—upwards of 500,000—are on the brink of  starvation (IPC Phase 5 Catastrophe) due to the March 18, 2025 end of the ceasefire and the resumption of blockades of humanitarian aid and commercial supplies. The entire population is facing crisis-level acute food insecurity (IPC Phase 3 or worse). 

In the wake of a series of recent crises that drove up global hunger and food insecurity, the world remains far off track in meeting Sustainable Development Goal 2 (SDG2)—ending hunger and malnutrition by 2030. Now, in a chaotic global environment of still more crises and complications, including cuts in official development assistance, what is the best course forward for governments and development organizations to address these urgent problems?

The world faced a stark inflection point in 2024, as the continued rise in the number of people facing crisis-to-catastrophic levels of acute food insecurity meets sharp reductions in funding for humanitarian assistance. The 2025 Global Report on Food Crises (GRFC), released today, reports that 295.3 million people across 53 countries/territories faced acute food insecurity in 2024. This represents a tripling of the number of people facing acute hunger since 2016 and a doubling since 2020 (Figure 1).

Figure 1