Food Security

The recent attacks of Yemen-based Houthi rebels on ships in the Red Sea have paralyzed shipping through the Suez Canal, forcing exporters in the Black Sea region and elsewhere to consider alternative—and more costly—shipping routes. In early January, A.P. Moller-Maersk A/S, the world's second-largest container ship company, announced it would suspend shipments through the Red Sea. Trade volumes in the Suez Canal are down an estimated 40% since the attacks began.

Strong agricultural cooperatives could be a powerful pathway to protect vulnerable populations from food insecurity caused by shocks like the COVID-19 pandemic, according to a recent paper in Agriculture & Food Security.

The continuing conflict in Sudan between the Sudan Armed Forces (SAF) and the paramilitary Rapid Support Forces (RSF), underway since April 2023, is inflicting devastating impacts on the country’s economy and on livelihoods. Model estimates show that production declines across different sectors have resulted in a loss of about $10 billion to GDP—about a third—as of September.

As noted in the Global Report on Food Crisis Mid-Year Update, conflict remains one of the major causes of food crises worldwide. Two recent alerts from FEWS Net echo this finding in both East and West Africa, where conflict is driving acute levels of food insecurity and hunger in both Sudan and Burkina Faso.

International food commodity prices have experienced a series of shocks over the past decade. The prices of rice, maize, and wheat spiked in 2007-08 as a result of supply shocks, demand for biofuels, and export trade restrictions. Commodity prices increased again in 2010-11. And most recently, global supply chain disruptions in the aftermath of the COVID-19 pandemic and Russia’s invasion of Ukraine sent international food and fertilizer prices soaring, though they have moderated somewhat after peaking in mid-2022.