Trade

Argentine President Mauricio Macri has said that his country will place development, fairness, and sustainability at the forefront of this year’s G20 agenda, setting the theme of the Argentina G20 Presidency as “Building Consensus for Fair and Sustainable Development.” Experts recently gathered at IFPRI for a roundtable discussion on what these themes mean for food production systems, food security, and nutrition.

The latest version of FAO’s Monthly Report on Food Price Trends (FPMA) was recently released. The February report shows global cereal prices have increased overall since the start of 2018.

The food system represents a vital economic sector, making up the largest source of employment (both self-employment and wage employment) in many developing countries. This system extends far beyond farm production to include a wide range of activities, including food processing, transportation, and retail. A new report from the World Bank examines how the global food system can be strengthened to fulfill the SDG goals of enhanced global employment and reduced poverty.

The FAO Crop Prospects and Food Situation Report for the last quarter of 2017 reports that 37 countries remain in need of food assistance. Twenty-nine of those countries are in Africa, seven are in Asia, and one is in Latin America and the Caribbean. Persistent conflict coupled with weather shocks resulting in production shortfalls are behind most of these needs. All of these factors have limited food access and availability in the affected countries, in some cases severely.

The gathering of the Eleventh Ministerial Conference of the World Trade Organization in Buenos Aires Dec. 10-13 was impressive in size. It brought together nearly 4,000 ministers, senior trade officials and other delegates from the WTO's 164 members and observers as well as representatives from civil society, business and the global media.