June 24, 2024 - The 19th Session of the Food Assistance Committee was held in London on June 21, 2024, under the Chairpersonship of Mr Jürgen Drexler, Senior Expert (FOA, OECD, Food Assistance), Federal Ministry of Agriculture, Forestry, Regions and Water Management, Austria.
Parties of the Convention, namely, Australia, Austria, Canada, Denmark, European Union, France, Japan, Korea (Rep), Luxembourg, Russian Federation, Slovenia, Spain, Switzerland and the United States of America participated in the session.
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The Committee reviewed the global situation regarding hunger and malnutrition and current food emergencies against the backdrop of recent developments including the outlook for world markets for grains, rice and oilseeds.
The IGC Secretariat gave members an update on the latest situation in grains, rice and pulses markets, including recent price movements and prospects for supply and demand in 2024/25, when world grains production is projected to expand by 15 metric tonnes (mt) y/y, to 2312mt. With consumption also seen advancing, by 9mt y/y to 2320 mt, as food, feed and industrial uses reach new peaks, end-season stocks may tighten by one percent y/y to a ten-year low of 580mt, led by declines for wheat and maize. World rice output is projected to increase by one percent y/y to a record 523mt, with modest gains in both consumption and stocks anticipated, while stronger import demand from sub-Saharan Africa is forecast to offset weaker purchasing from Asian markets. The Secretariat also included prospects for world supply of pulses, as well as updates on ongoing logistical disruptions in dry bulk freight shipping.
Members also provided information on responses to food emergencies in the most vulnerable regions and on planned operations and recent policy developments, with particular emphasis on food security. The Food and Agriculture Organisation of the United Nations (FAO) and World Food Programme (WFP) provided written statements for the session.
The Chair updated members on the draft 2024 Narrative report. The final report will again highlight the contributions of all Parties to the Convention, with a particular emphasis on their cash based assistance activities.
A seminar titled 'Innovation in humanitarian and food assistance using the example of WFP Innovation Accelerator' was held in conjunction with the session which highlighted the importance of technologies, and innovations at scale to deliver new ideas and approaches to tackle global food insecurity and humanitarian crises.
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The Global MillerThis blog is maintained by The Global Miller staff and is supported by the magazine Milling and Grain
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