Market Structure

Research shows that the global growth of information and telecommunication technologies (ICTs) has resulted in significant development opportunities, especially in rural areas. ICTs can improve households’ agricultural production and profitability, increase job opportunities, and encourage the adoption of healthier practices and more effective risk management techniques.

The latest editions of the FAO Food Price Index and AMIS Market Monitor were both released on November 10. The FAO Food Price Index is a measure of the monthly change in international prices of a basket of five food commodity groups; the monthly AMIS Market Monitor covers the international markets for wheat, rice, maize, and soy and provides an overview of the market situation and outlook for each of these crops.

In many developing countries, women make up 50 percent or more of the agricultural labor force; however, women also often face an array of socio-economic conditions that place them at a disadvantage compared to men in local and international food systems.

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. In 2008, the world experienced the worst global financial crisis in decades (information on the relationship between food prices and financial activity, as well as agriculture and financial policies can be found in these recent blog posts from IFPRI and the Food Security Portal ).

The 2015 Global Hunger Index reports that despite progress in reducing hunger worldwide, hunger levels in 52 of 117 countries remain “serious” or “alarming.” The FAO’s 2015 State of Food Insecurity report estimates that 795 million people are undernourished, with uneven levels of undernourishment across countries. Simultaneously, the World Health Organization estimates that 1.9 billion adults are overweight.