• The structure and behavior of agricultural input markets, such as fertilizer or seed markets, can have significant regional and global effects on agricultural development and, thus, food security. Prohibitively high costs and other constraints can limit the use of beneficial inputs and lead to decreased agricultural productivity, which can negatively impact farmers as well as consumers. On the other hand, input producers may benefit from higher prices.

  • The Famine Early Warning Systems Network (FEWS NET), funded by USAID, has released its latest monthly price watch detailing staple food prices for February 2011. These reports provide food security updates for 25 countries vulnerable to food insecurity, focusing on impacts on livelihoods and markets. These updates can help policymakers recognize and mitigate potential threats to food security.

    Download the latest reports below. For more information regarding FEWS NET, please visit www.fews.net.

  • The 2007-08 food crisis saw the international price of staple agricultural commodities (such as wheat, maize, soybeans, and rice) more than double; today the international price of many of these commodities is again on the rise. A common assumption is that as the international price of such commodities increases, the domestic consumer price of basic food items such as bread, flour, wheat, corn, tortillas, and rice will also increase. However, the degree of this transmission may vary from country to country and from commodity to commodity.

  • The Famine Early Warning Systems Network has released a food security alert for East Africa, citing ongoing drought, uncertain rainfall predictions, and increasing international food prices. Rainfall totals were less than 30 percent of average in certain regions of Ethiopia, Somalia, and Kenya from October-December 2010. This severe water shortage led to a failure of January-February harvests in the region. FEWS NET predicts that as many as five million people in the area will have difficulty meeting basic food and water requirements in the coming months.

  • On February 18-19, a meeting of the G20 Finance Ministers and Central Bank Governors was held in Paris to address ongoing global financial and economic challenges. This initial meeting acknowledged that although the global economy has seen a certain level of recovery, there are still challenges and pitfalls to overcome in order to achieve the G20 mandate of improved economic growth and development.

Share