The USDA’s Economic Research Service recently issued a report showing a projected drop in global food insecurity. The drop is expected to be significant over the next decade. The report evaluates the food security status and outlook over the next ten years for 76 low-and-middle-income countries that either were or are still recipients of food aid. Projections show rising incomes and low food prices for many countries in the study, so food security is likely to improve by 2027. The population percentage labeled as ‘food insecure’ is 17 percent this year and is projected to fall to 8.9 percent in 2027. The total number of food-insecure people is expected to decline by 42 percent, leaving 372 million people still short on food. The report also says the intensity of the food insecurity is expected to decline. GDP in Asian countries is projected to grow 6.3 percent per year over the study, with the share of Asia’s population that’s food insecure projected to take the biggest drop of all. The drop will range from 13.5 percent in 2017 to 4.6 percent in ten years.
From the National Association of Farm Broadcasting News Service.
In this publication…