What's New

The recommendations of the 2012 G20 Agriculture Ministers have focused, among other topics, on the importance of increasing agricultural productivity throughout the developing world. Different regions of the world, however, present different challenges and opportunities for agricultural growth. In particular, tropical areas can have a very high potential for increasing agricultural productivity and, consequently, reducing poverty and improving food security; however, such productivity is limited by a lack of access to information and weak capacities.

FEWS NET has released its Food Price Watch for January 2012. The report details the food security situation throughout Africa, where prices in Uganda, Ethiopia, and Somalia have declined. Kenyan maize prices remain extremely high, as do prices in West Africa.

Download the full report

Download the annex

In recent days, the price for soft wheat has increased, as has its volatility. This increase in volatility has likely stemmed from reports that cold weather in Europe may damage crops, a fear that may in fact have been overstated. Reports from Russia about a potential new levy on wheat exports starting in April 2012 may have also played a part in this week's increased volatility.

GIEWS has released crop prospect reports for maize for both Argentina and Mexico, citing deteriorating 2012 crop prospects due to recent dry weather. Despite this reduction, production in Argentina is still expected to be average. Mexican production is expected to be below the five-year average but still higher than the poor 2011 crop.

Download the report for Argentina .

Download the report for Mexico

Asymmetry of information is a major obstacle to increasing global food security. Having access to reliable food price and market information is critical for policymakers, food policy experts, and researchers to be able to respond quickly to dynamic developments in the global food system.