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Shining Light on Farm & Food Policy for 20 Years.
Friday, January 03, 2025
The number of hungry people worldwide is expected to drop significantly this year partly because of the decline in prices for grains and vegetable oils.
About one in eleven people globally faced hunger last year, demonstrating the world is falling short of its Zero Hunger by 2030 ambitions, according to a recent report by United Nations agencies.
A gauge of global food commodity prices fell again in June, led by declines in the cost of grains and vegetable oils, and is now more than 23% off the March 2022 peak that followed Russia’s invasion of Ukraine.