News Overview

Seeking solutions for the costs and challenges of food insecurity (The Teller Window)  The Teller Window reported on two events held by the New York Fed’s Community Development team. The events discussed the economic impacts of food insecurity, with a focus on scalable solutions. To help inform these discussions, the team analyzed Economist Impact’s Global Food Security Index (GSFI). While discussing flexibility

Farm Policy News compiled information on world food prices using reports from other outlets including the Financial Times which stated, “Climate change and the war in Ukraine are set to keep food prices at far higher levels than before the COVID-19 pandemic, despite signs of moderation in global commodity markets, economists and agriculture experts have warned.” Farm Policy included a Wall Street

A satellite-based analysis indicates that nearly 27 million tons of wheat were harvested from Ukraine’s farms this year, but the country won’t reap all of the benefits, SciTechDaily reports. The Russian invasion of Ukraine had fueled widespread concern about the effects on the country’s farming sector. In the early days of the crisis, food security specialists wondered if Ukrainian farmers would be

The Financial Express (India) reports about the recommendations regarding the Universal Basic Income (UBI) scheme recommended by a Niti Aayog member Ramesh Chand. According to Chand, the government should convert the PM-KISAN program into a UBI scheme that includes other weaker sections such as farm laborers, construction workers and non-farm laborers. Other subsidies could be subsumed with UBI later stage, he added.

Council on Foreign Relations highlights in charts and graphs some of the most pressing trends to follow in 2023, including the Asia-Pacific’s arms race, the changing relationship between India and Russia, and worsening brain drain in sub-Saharan Africa. Over 820 million people—more than 10 percent of the world’s population—go to bed hungry each night. Today’s food insecurity is a product of various

Council on Foreign Relations highlights in charts and graphs some of the most pressing trends to follow in 2023, including the Asia-Pacific’s arms race, the changing relationship between India and Russia, and worsening brain drain in sub-Saharan Africa. Over 820 million people—more than 10 percent of the world’s population—go to bed hungry each night. Today’s food insecurity is a product of various

How the U.S. became a global corn superpower (CNBC)  According to the USDA, the U.S. is the largest consumer, producer, and exporter of corn in the world. CNBC examined what that means for crop production, agricultural subsidies, and corn’s uses including food, fuel, medications, and textiles. Joseph Glauber, a senior research fellow at the International Food Policy Research Institute and former USDA chief economist,

Financial Times explores why farmers have been unable to boost supply, leading to expectations that costs will remain above pre-pandemic levels. Climate change and the war in Ukraine are set to keep food prices at far higher levels than before the Covid-19 pandemic, despite signs of moderation in global commodity markets. Russia’s invasion has affected three Ukrainian crop cycles so far, equivalent