Due to the worst drought in the U.S. since 1956 and unfavorable weather conditions in the Black Sea region, world grain prices jumped in July. International Grain Counsil announced that its Grains and Oilseeds Index reached all-time high on July, 20th. If the situation around world grain supply continue deteriorate, people in poor and developing countries can suffer from increasing food prices as food expenditures in many low income countries exceeds 30% and even 40% of final consumption expenditures.

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Difference in Daily Diet Across Countries

(Updated: 09 June 2021) How does the composition of people's daily diets vary across countries? Ideally, food intake should be balanced, which requires access to fresh vegetables and fruits, grains, proteins (meats and beans), dairy products, and healthy oils while minimizing or reducing consumption of alcohol, salt, and sugar. For a variety of reasons, income being paramount, disparities in access to quality food undermine the average daily diets of millions of people worldwide. A comparison of data on the consumption of various food products per capita and gross national income...

Beyond Stereotypes: Obesity in a World of Hunger

On average, nations with higher rates of undernourishment also have lower prevalences of people who are overweight or obese. But, this intuitive correlation exists only on the average. Real-world data shows large deviations across countries from this trend. Many developing countries with relatively high levels of undernourishment also have high rates of overweight and obesity at the same time. For example: In the Comoro Islands, 65 percent of the population is undernourished, making it one of the most undernourished nations in the world. The country simultaneously has elevated...

The Right Food Price Hotspots to Worry About

(1 March 2020) The recent rise in global food prices poses a direct threat to many countries and millions of households around the world. In its recent article on the subject Bloomberg named five such "hotspots" — Russia, India, Brazil, Turkey, and Nigeria. According to Bloomberg, the acceleration of food price inflation in these countries has the potential not only to exacerbate food insecurity for families but to transfer to social protests. Looking deeper at the most recent data on food inflation in the five hotspots, and investigating the domestic patterns of supply and...

Natural Gas Price Forecast: 2021, 2022 and Long Term to 2050

(15 June 2021) The US natural gas spot price at Henry Hub, Louisiana — the benchmark price reference for the US natural gas market and an important price reference in global gas trading — will average $3.07 per million British thermal units (MMBtu) in 2021, a 51% increase from the 2020 average, according to the U.S. Energy Information Administration (EIA). The agency attributes this year's price growth to rising liquefied natural gas (LNG) exports and increasing domestic natural gas consumption outside of the power sector. In 2022, Henry Hub prices are expected to decrease to...