Highlights:

• Since the last update on April 25, 2024, the agriculture and cereal price indices closed 1 percent and 6 percent higher, respectively, while the export price index closed 4 percent lower.
• Domestic food price inflation remains high in low- and middle-income countries.
• The World Bank’s latest Commodity Markets Outlook, published late April 2024, sheds light on significant developments and future projections in global food commodity markets.
• Recipe for a Livable Planet: Achieving Net Zero Emissions in the Agrifood System, a recently published report from the World Bank, outlines a strategic framework to address agrifood-related emissions while ensuring food security for a growing global population.
• The 2024 Global Food Policy Report (GFPR) — released this week by the International Food Policy Research Institute (IFPRI) — highlights the importance of sustainable healthy diets and delivers evidence-based recommendations on ways to make the foods that form these diets more desirable, affordable, accessible, and available while considering environmental impacts.