What's New

In 2023, the FAO Food Price Index stood nearly 14 percent below its 2022 value, according to the report’s January edition. The December Index also declined month-on-month from November, falling 1.5 percent due to declining sugar, vegetable oil, and meat prices.

Recent events such as the war in Ukraine and the El Niño weather cycle have demonstrated how shocks triggering changes in production and distribution of food in one country or region can reverberate around the world, eroding food security for millions if not billions. Efficient, agile, and diverse trade networks can help countries and suppliers to cope with these shocks and strengthen food security. These networks are especially relevant for Latin America and the Caribbean (LAC).

The food insecurity situation in the Gaza Strip is becoming increasingly dire. A recent blog of just 10 days ago and based on an assessment by the World Food Programme pointed out that during October and November, 80 percent of the population in Gaza was displaced and more than 80 percent suffered food deficiencies.

Introduction

Nearly 80 percent of Gaza’s population has been displaced in the ongoing conflict, which has entered its second month. A recent World Food Programme rapid food security assessment conducted during the temporary humanitarian pause in fight in late November has found evidence of unprecedented humanitarian crisis, including widespread food insecurity.

Background

Achieving efficient and effective fertilizer usage in agricultural production is a critically important economic and environmental policy objective for countries at all stages of economic development, although the nature of the policy problem may vary radically in different contexts.