Data

In its latest Monthly Food Price Watch, FEWS NET reports that global rice production for 2012/2013 is expected to be the highest on record. Global soybean production prospects also improved with a 10 percent increase for 2012/2013; however, strong global demand is expected to keep soybean and soybean oil prices high. While global wheat prices remain high, production is only expected to decline by six percent. However, trade policies in key wheat exporting countries could exert further pressure on prices.

Over the past four months, weather patterns and conflict have played a key role in the food security situation in several regions, according to the latest issue of the WFP's Global Food Security Update. While good rains in the Sahel have led to a predicted short-term improvement in the region's food security, drought and flooding in several other areas of the world have produced shocks that are likely to drive more people into hunger.

The latest USDA World Agricultural Supply and Demand Estimate report was released today. This month's report cites lower world supplies for wheat and maize; global rice supplies, on the other hand, are up to a record 465.1 million tons.

When it comes to improving global food security and ending hunger, increasing access to reliable, up-to-date information and research is an important first step. National and international policymakers rely on credible data, statistics, and analysis to enact appropriate policies and respond to local, regional, and global food crises. In many developing countries, however, such information is often difficult to access; even when data is available, it may not be communicated to policymakers in an accessible, easy-to-understand way.

The GIEWS Global Food Price Monitor, released today, has seen a slight decline in international maize prices from their near-record highs in August. However, the report also cites increasing global rice export prices, as well as strengthening wheat export prices. Domestic wheat prices in several regions (Asia, CIS, and South America) also rose in September, reflecting higher prices in international and regional export markets.