With research staff from more than 60 countries, and offices across the globe, IFPRI provides research-based policy solutions to sustainably reduce poverty and end hunger and malnutrition in developing countries.
Samuel Benin is the Acting Director for Africa in the Development Strategies and Governance Unit. He conducts research on national strategies and public investment for accelerating food systems transformation in Africa and provides analytical support to the African Union’s CAADP Biennial Review.
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Why falling food prices around the world aren’t helping U.S. consumers (Bloomberg)
July 16, 2015
Global food prices are at a six-year low, but American shoppers may want to check out why that isn’t leading to lower totals at the grocery store. Joseph Glauber, IFPRI senior research fellow and former chief economist at the U.S. Agriculture Department, told Bloomberg that changes in the price of raw agricultural goods have only a “limited impact” on the final retail price. According to the USDA, less than 16 cents of every dollar consumers spend covers farm operations. Read the full article online.