Food Security

After the sharp rise in international prices of wheat and other staple foods in the wake of Russia’s February invasion of Ukraine, since May prices have fallen back to pre-war levels. Has the global food price crisis now come to an end? Unfortunately, such a conclusion is premature. Domestic food prices for consumers continue to rise in most countries. Meanwhile, ongoing uncertainties—not the least of which is the continuing war—augur for continued turmoil in global food markets.

Climate change poses a growing threat to efforts to build sustainable food systems. The COVID-19 pandemic and the current Ukraine crisis have further exacerbated global food and nutrition insecurity, leading to significant increases in poverty, hunger, and malnutrition. A July 18 launch event for IFPRI’s 2022 Global Food Policy Report (GFPR) in Kathmandu, Nepal, explored the potential for more effective policies and programs focused on climate impacts and food systems.

The world continues to lose ground in its efforts to end hunger, food insecurity, and malnutrition in all its forms by 2030, according to the recently-released 2022 State of Food Security and Nutrition in the World (SOFI) report. As many as 828 million people were affected by hunger globally in 2021 (around 10.5% of the world population)—an increase of 46 million since the end of 2020 and of 150 million since the COVID-19 pandemic began a year earlier.

On July 22, Ukraine and Russia reached an agreement to allow exports of grain and other agricultural products to resume from selected Ukraine Black Sea ports after months of Russian blockade. The agreement comes at a time when storage capacity is reaching its limits, with the much of the 2022 wheat harvest and the approximately 20 million metric tons of grains and oilseeds harvested in 2021 remaining in storage—unable to ship because of the blockade.

High food price inflation—driven by disruptions from the COVID-19 pandemic, climate shocks, and the war in Ukraine—has made the affordability of food and food insecurity top global concerns. Even before the current rise in prices, 3.1 billion people, about 40% of the global population, could not afford a healthy diet, according to the United Nation’s 2022 State of Food Security and Nutrition in the World (SOFI) report.