New Food Prices for Nutrition data in the SOFI 2022 report launching on July 6th uses retail food prices to compute diet costs and the number of people who cannot afford a healthy diet globally. Underlying costs by food group will be published simultaneously on a new Food Prices for Nutrition DataHub hosted at the World Bank, and subnational data are […]
Policy Note 46: Are Fertilizer Subsidies in Malawi Value for Money?
It is easy enough to calculate how much the Government of Malawi spends on subsidizing chemical fertilizer. Last year, for example, this was MWK 120 billion (about US$ 150 million) taking up over 50% of the agricultural budget. It is much harder, however, to calculate the benefits that these subsidies bring about and how they […]
IFPRI Blog: Short-term policy considerations to respond to Russia-Ukraine crisis disruptions in fertilizer availability and affordability
As we discussed in our previous post, fertilizer prices have increased drastically, +230%, since May 2020. Now—driven upward by supply disruptions stemming from the Russia-Ukraine conflict—they are nearing the peak reached in August 2008 during the last major food price crisis.
IFPRI Blog: The Russia-Ukraine crisis presents threats to Nigeria’s food security, but potential opportunities for the fertilizer, energy sectors
The current rise in global market prices for major food commodities almost mirrors that of the 2008 food crisis, presenting a worldwide threat to food security. The situation is particularly severe in Africa, where the COVID-19 pandemic and now the Russia-Ukraine crisis have exposed the vulnerability of food systems to major shocks, particularly in countries like […]
IFPRI Blog: Rising commodities prices driven by the Russia-Ukraine crisis threaten to undermine Kenya’s economy, increase poverty
Much of the early attention on the Russian-Ukraine conflict’s food security impacts has been concentrated on countries highly dependent on wheat imports from the Black Sea region. Given the important role that wheat products play in the diets of people in Egypt, Sudan, Yemen, Lebanon, and other countries, the interruption in Black Sea wheat trade and high prices have […]
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