Despite a minimal reduction in global production, the world food import bill is about to reach a five-year low in 2015, pushing international prices for agricultural commodities down even further, the Rome-based U.N. Food and Agriculture Organisation (FAO) forecast on May 7.
The recent dramatic fall in world oil prices, with Brent crude plummeting from a high of 115 dollars per barrel in June last year to around 47 dollars in January 2015, is beginning to benefit Pacific Islanders who are seeing lower prices for fuel and energy.
Nearly half of the world’s hungry, amounting to about 363 million people, live in some of the rising middle income countries, including Brazil, China, India, Indonesia and Mexico, according to a new report released Wednesday by the Washington-based International Food Policy Research Institute (IFPRI).
The sharp decline in world petroleum prices - hailed as a bonanza to millions of motorists in the United States - is threatening to undermine the fragile economies of several African countries dependent on oil for their sustained growth.
“We are especially distressed by the high prevalence and increasing numbers of malnourished children under five years of age in parts of Africa, Asia and Latin America and the Caribbean. Moreover, more than 2000 million people, mostly women and children, are deficient in one or more micronutrients...”
The widespread outbreak of Ebola in West Africa, which has resulted in over 4,500 deaths so far, is also threatening to trigger a food crisis in the three countries already plagued by poverty and hunger.
The first years of the twenty-first century will be remembered for a global land rush of nearly unprecedented scale.
Food price rises as far back as 2008 are believed to be the partial culprits behind the instability plaguing Arab countries and they have become increasingly aware of the importance of securing food needs through an international strategy of land grabs which are often detrimental to local populations.
Gaunt, haggard Syrian children begging and selling gum have become a fixture in streets of the Lebanese capital; having fled the ongoing conflict, they continue to be stalked by its effects.
The choice of foods displayed on supermarket shelves can be quite bewildering. This abundance encourages us to take it for granted that we will always be able to buy the food we want at affordable prices.
Modern biofuels have become a fact of life, part of a quest for more cost-effective and environmentally sustainable businesses and lifestyles. But to be truly sustainable, biofuel production must strike a balance between its benefits and its potential hidden costs, between energy security and food security.
A sense of urgency brought on in recent years by food price volatility inspired collective action to reduce the likelihood of further price spikes and food supply shocks.
The growing consensus, momentum and commitment to eradicate world hunger may seem overly ambitious in view of the slow progress in reducing the number of hungry people in the world in recent decades.
The World Bank will be placing stronger emphasis on issues of land tenure and socially and environmentally sustainable agricultural investing, it announced Monday.
The world is in transition from an era of food abundance to one of scarcity. Over the last decade, world grain reserves have fallen by one third. World food prices have more than doubled, triggering a worldwide land rush and ushering in a new geopolitics of food.