FAO’s forecasts for global cereal production, consumption, trade and stocks in 2013/14 have all been raised since February, with overall supply conditions significantly improved compared to the previous season.
Export prices of wheat rose in February mainly on concerns about the 2014 winter wheat crop in the United States. Prices of maize also increased, supported by strong domestic and export demand for feed and industrial use. Overall, however, cereal export prices remained below their year-earlier levels.
This brief summarizes FEWS NET’s most forward-looking analysis of projected emergency food assistance needs in FEWS NET coverage countries. The projected size of each country’s acutely food insecure population is compared to last year and the recent five-year average. Countries where external emergency food assistance needs are anticipated are identified. Projected lean season months highlighted in red indicate either an early start or an extension to the typical lean season.
Rome, 16 December 2013 – The International Fund for Agricultural Development (IFAD) approved US $88 million in grant financing for climate change adaptation efforts in 9 vulnerable countries. At the 110th session of its Executive Board, IFAD endorsed a new generation of agricultural investment programmes which dedicate concessional loan and grant financing to actions that manage growing climate risks.