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Global cocoa market sees steep price rise amid supply shortfall

Apr 3rd, 2024 • by JOSEPH GLAUBER AND ABDULLAH MAMUN

Cocoa bean prices have climbed to record nominal levels over the past six months, more than doubling since August 2023 (Figure 1). This price spike has largely been driven by weather-related diseases that have reduced cocoa production in key West African countries accounting for almost three quarters of world supplies.

Famine in Gaza

Mar 19th, 2024 • by ROB VOS, ISMAHANE ELOUAFI, AND JOHAN SWINNEN

Is it too late to save Gaza’s population from famine? The latest assessment of the Integrated Food Security Phase Classification (IPC) global partnership suggests this is imminent for at least half the population of 2.2 million.

Rising food prices are putting children in harm’s way

Mar 7th, 2024 • by DEREK HEADEY AND MARIE RUEL

The real price of food has risen dramatically in 21st century, with the FAO food price index peaking at an all-time high in March 2022 at 116% above its 2000 value (Figure 1). While food inflation has long been a cause of concern for nutrition agencies in low- and middle-income countries (LMICs), new evidence is shedding light on the potential impacts of rising food prices on child malnutrition in LMICs.

Figure 1

Ukraine and global agricultural markets two years later

Feb 28th, 2024 • by JOSEPH GLAUBER

Two years after Russia launched its full-scale invasion of Ukraine on February 24, 2022, the war continues to disrupt agricultural production and trade in Ukraine—one of the world's largest agricultural exporters—and poses an ongoing threat to global food security. Yet global commodity markets have adjusted to these disruptions, in part to due to increased exports by other suppliers, including Russia, easing the initial shock.

Long-lasting devastation to livelihoods from damage to agricultural lands in Gaza

Feb 21st, 2024 • by Rob Vos and Soonho Kim

Israel’s continuing attacks against Hamas are causing massive collateral damage to agricultural livelihoods and food supplies in the Gaza Strip. More than one third of agricultural lands in Gaza have been damaged since the outbreak of the war on October 7, 2023, according to analysis based on satellite imagery by the United Nations Satellite Centre (UNOSAT) and the UN Food and Agriculture Organization (FAO).