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  • Era of cheap food is over—global report
    By Jennifer A. Ng
    Reporter

    THE era of cheap food is over as surging demand for food, feed and fuel will put more pressure on global food supply, according to a report released by the International Food Policy Research Institute (Ifpri).

    Ifpri said in its report, “The World Food Situation: New Driving Forces and Required Actions,” that income growth, climate change, high energy prices, globalization and urbanization are all converging to transform food production, markets and consumption.

    “Food prices have been steadily decreasing since the Green Revolution, but the days of falling food prices may be over,” said Joachim von Braun, lead author of the report and director general of Ifpri.

    “Surging demand for feed, food, and fuel have recently led to drastic
    price increases, which are not likely to fall in the foreseeable future, due to low stocks and slow-growing supplies of agricultural outputs. Climate change will also have a negative impact on food production, compounding the challenge of meeting global food demand, and potentially exacerbating hunger and malnutrition among the world’s poorest people,” he stressed.

    Von Braun noted that economic growth has helped reduce hunger, particularly when it is equitable. “But unfortunately, growth does not always reach the poorest people.”

    The report noted that policymakers must make explicit measures to mitigate the negative effects on poor households.

    Ifpri recommends that developed countries facilitate flexible responses to drastic changes in food prices by eliminating trade barriers; developing countries must, on the other hand, increase investment in rural infrastructure and market institutions to improve critical agricultural inputs.

    The institute also urged national and international research systems to invest more heavily in agricultural science and technology and for policymakers to take into account farm and food issues when developing national and international climate-change agendas.

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