Since the 2007-2008 food price crisis, food price volatility has been front and center in the international development conversation. The period of the crisis saw a dramatic rise in the international price of grains and other important commodities, while the years immediately following the crisis saw increasing grain price fluctuations on the international market.
FAO estimates that around the world, about 795 million people still suffer from hunger and more than two billion people suffer from micronutrient deficiencies or forms of over-nourishment. Simultaneously, historical and future achievements in food security are under threat due to climate change and increasing pressures on natural resources.
Micronutrient deficiencies afflict more than two billion individuals worldwide. These deficiencies occur when the intake and absorption of vitamins and minerals are too low to sustain good health and development.
The global population is expected to grow to more than 9 billion people by 2050. In such a scenario, ensuring the availability of and access to affordable and nutritious food will be a major challenge.
Ensuring food and nutrition security in the face of growing populations, increasing incomes, and a changing climate will require countries to transform their food systems to be more sustainable and equitable. A 2016 report published by IFPRI and the Compact2025 Initiative looks at recent successful food system transformations in Brazil, Rwanda, and Vietnam that helped significantly reduce hunger and undernutrition in these countries.
The FAO’s latest Crop Prospects and Food Situation Report for 2016 forecasts world cereal production at 2,578 million tonnes, 1.7 percent above 2015 cereal output. This gain is being driven mainly on larger maize and wheat crops. The Crop Prospects and Food Situation Report is published four times a year and provides a review of the food situation by geographic region; it also includes a section dedicated to Low Income Food Deficit Countries (LIFDC) and a list of countries requiring external food assistance.
The latest editions of the FAO Food Price Index and AMIS Market Monitor were both released on November 10. The FAO Food Price Index is a measure of the monthly change in international prices of a basket of five food commodity groups; the monthly AMIS Market Monitor covers the international markets for wheat, rice, maize, and soy and provides an overview of the market situation and outlook for each of these crops.
At current rates, climate change is expected to have large-scale negative effects on agricultural production and food security, according to the latest edition of FAO’s flagship annual report, “The State of Food and Agriculture” (SOFA). This year’s report focuses on the relationship between climate change, agriculture, and food security and calls for a transformation of the global food and agriculture system in the face of a changing climate.
Agriculture contributes around 14 percent of global greenhouse gas (GHG) emissions (IPCC, 2014) and is a main driver of global deforestation.
FAO’s October report on food price trends was released this week. The bulletin reports on recent food price developments over the past month at the global, regional, and country levels, with a focus on developing countries and provides early warnings for high country-level food prices that may negatively affect food security.