Data

Global food prices have declined by 6 percent over the last quarter, according to the latest World Bank Food Price Watch. However, the report warns that prices are still not that far from their historical peak, at only 16 percent below the all-time high reached in August 2012.

Global food prices are becoming less volatile compared to recent years, according to a new FAO report. The November 2013 Food Outlook credits the more balanced markets to the recovery of global cereal inventories. 2013 has seen a significant increase in cereal production, largely based on increased maize crops in the US and record wheat crops in CIS countries.

Highlights for other crops include:

The FAO Food Price Index , released today, rose slightly in October to 205.8 points. While this is about 1.3 percent higher than in September, it is still 5.3 percent below its October 2012 levels. This small increase was driven mainly by rising sugar prices.

October 16 is World Food Day.

About one in eight people worldwide suffered from chronic hunger during the past two years, according to the United Nations. Though daunting, that ratio is an improvement over previous years. In fact, the 2013 Global Hunger Index report released Monday shows that global hunger levels have declined by nearly 35 percent since 1990.

FAO recently released its 2013 State of Food Security in the World report. This annual report looks at the number and location of people suffering from chronic hunger around the globe, and provides analysis of how different policies can be used to target different regions and populations.