Early Warning Systems Hub Reports
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FAO Food Price Index Reaches 17-Month Low
The FAO Food Price Index plunged to a 17-month low in May, driven in large part by sustained negative economic impacts of the COVID-19 pandemic. Prices across all sub-indices declined with the exception of sugar prices.
The Quest for Safer Foods: COVID-19 and Dairy Value Chains in Ethiopia
This post originally appeared on IFPRI's Ethiopia Strategy Support Program (ESSP) blog.
The share of households consuming dairy products in Addis Ababa has dropped by 11 percentage points since the COVID-19 crisis, seemingly linked to perceived risks of consuming dairy products. All income groups declined their consumption, except for the richest quintile where the share of consuming households changed little.
New COVID-19 Food Price Monitor tracks warning signs of stress in local markets
This post originally appeared on IFPRI.org.
Food systems are complex and the disruptions caused by COVID-19 are varied. Global analyses of trends in food supply, trade, and prices are useful. However, as Manuel Hernandez, Soonho Kim, Brendan Rice, and Rob Vos emphasize, daily price data in multiple countries and markets are needed to provide information to identify and respond to more specific local and national shocks—and a new Food Price Tracker tool is now available to meet this demand.—John McDermott, series co-editor and Director, CGIAR Research Program on Agriculture for Nutrition and Health (A4NH).
Food Crises Increase Around the World: 2020 Global Report on Food Crises Released
An estimated 135 million people around the world faced acute levels of hunger in 2019, according to the 2020 Global Report on Food Crises, released this week. This number reflects the highest level of acute hunger seen since the report’s inception in 2017.
Poverty and food insecurity could grow dramatically as COVID-19 spreads
This post originally appeared on IFPRI.org blog.
As the COVID-19 pandemic spreads, social and economic relief measures—including fiscal stimulus and expansion of social safety nets—are crucial to prevent poverty and hunger from rising dramatically in developing countries. Rob Vos, David Laborde and Will Martin estimate this impact globally, finding that over 140 million additional people could fall into extreme poverty in 2020, including 80 million in Africa and 42 million in South Asia. Food insecurity would rise along with poverty. Without support, this global health crisis could thus cause a major poverty and food crisis.—Johan Swinnen, series co-editor and IFPRI Director General.