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31 Dec 2008 description

This price watch bulletin covers the quarterly period from September to November 2008. The objective of the bulletin is to provide early warning information on price changes of staple food commodities and their likely impact on the cost of the food basket. Price changes are determined for each country on a quarterly basis.

Highlights:

- Prices still remain significantly higher compared to last year and long term averages, especially in Eastern and Southern Africa, Asia and Middle East.

18 Dec 2008 description

Highlights of a new FAO report

- As the year draws to a close, FAO's latest estimates confirm that a new record high level of global cereal production was achieved in 2008, sufficient to cover the expected increase in utilization in 2008/09 and also allow for a moderate replenishment of world reserves.

- Most of the increase in production this year has been among the developed countries, with that in the developing countries rising just marginally.

27 Nov 2008 description
report Oxfam

One child dies every 5 seconds of hunger related causes and more than half of child deaths in the developing word are due to hunger

Recent price increases pushed 119 million more people into hunger taking the total number of hungry people in the world close to 1 billion.

Falling global food prices have not translated into lower prices in most poor countries.

Global food prices remain 28 per cent higher than two years ago and continue to push more people into hunger. Very poor people can hold off hunger in the short-term by using up their limited resources.

16 Oct 2008 description
report Oxfam

The recent sharp increase in food prices should have benefited millions of poor people who make their living from agriculture. However, decades of misguided policies by developing country governments on agriculture, trade, and domestic markets - often promoted by international financial institutions and supported by donor countries - have prevented poor farmers and rural workers from reaping the benefits of higher commodity prices. As a result, the crisis is hurting poor producers and consumers alike, threatening to reverse recent progress on poverty reduction in many countries.

14 Oct 2008 description

HIGHLIGHTS

- World cereal production in 2008 is forecast to increase 4.9 percent to a record 2 232 million tonnes, considerably up from earlier predictions after better than expected results from the major harvests gathered in the past two months.

- Based on the latest production forecast, a significant improvement in the global supply and demand balance for cereals in the 2008/09 season can be expected.

31 Aug 2008 description


Funding Trends and Their Impact on Operations


Analysis of the 2008 Programme of Work

31 Jul 2008 description

The UN system has rapidly taken note of the seriousness of the challenges to world food security by the recent dramatic escalation of the food price crisis worldwide and recognized the need for Comprehensive Framework for Action (CFA) to address the crisis and its root causes.

The UN System has mobilized to provide a common response to the crisis that takes into account the comparative advantages of all stakeholders.

31 Jul 2008 description


Funding Trends and Their Impact on Operations



Analysis of the 2008 Programme of Work

As of July 2008, WFP requires 5 million metric tonnes for the current year to meet the needs of over 83 million beneficiaries among the world's neediest people in more than 80 countries.

25 Jul 2008 description

HIGHLIGHTS

- World cereal production in 2008 is forecast to increase 2.8 percent to a record 2 180 million tonnes. Most of the increase is in wheat following significant expansion in plantings in all regions. Coarse grains output is expected around the bumper level of last year but lower than earlier anticipated due to severe floods in the United States, the world's largest producer and exporter. Rice is tentatively forecast to increase slightly from last year's good level.

- Despite the anticipated increase in world output, cereal markets will remain tight in 2008/09.

30 Apr 2008 description

HIGHLIGHTS

- World cereal production in 2008 is forecast to increase 2.6 percent to a record 2 164 million tonnes. The bulk of the increase is expected to be in wheat following significant expansion in plantings in major producing countries. Coarse grains output is tentatively forecast to remain around the bumper level of last year. Rice production is foreseen to increase slightly reflecting production incentives in several Asian countries.