Maximo Torero

@maximotorero.bsky.social

Chief Economist at @fao.org | https://maximotorero.com/

75% of what consumers pay for food is added after it leaves the farm. So why do governments continue to focus only on what happens on the farm? Shifting focus from production to value chains will reduce losses, strengthen markets, and lower the cost of healthy diets. #SOFI2026

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Countries that have reduced hunger have invested in both social protection and agricultural productivity. School meals are an excellent example of social protection. When they include diverse, nutritious foods, they improve children's health and future productivity. #SOFI2026

Three years of progress against hunger is encouraging. But the recovery is fragile under pressure of compound shocks like geopolitical fracture and weather extremes. Building resilient agrifood systems is essential to protecting the gains. #SOFI2026 bit.ly/3Rtvken

UN report: Global hunger levels ease for third consecutive year as regional disparities persist

The 2026 edition of The State of Food Security and Nutrition in the World (SOFI) also examines the cost of healthy diets

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AI and digital technologies can transform agrifood systems, producing more food with fewer resources. But innovation succeeds only if it reaches everyone. Inclusion, governance, and investment will decide whether this revolution narrows inequality or deepens it. (Graph: WDR 2019)

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El Niño is no longer just a climate risk but a macroeconomic one, driving higher food prices and inflation. Combined with disruptions to energy and fertilizer markets from the Middle East conflict, it could become a major risk multiplier for global food security.

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Fertilizer supply disruptions linked to the Middle East conflict are pushing countries to make fertilizer security a strategic priority, @FAO analysis shows. The challenge is to manage shortages while building resilience through targeted, temporary measures and innovation.

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The Gulf is not only an energy hub. It's also a major remittance hub. Remittances to low- and middle-income countries reached $685 billion in 2024, supporting nearly one billion people. Prolonged instability in the Gulf could weaken these flows, with consequences for food security and livelihoods.

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Urea prices, up 56% immediately after the Strait of Hormuz blockade began, have returned near pre-conflict levels. But the price decline may be a warning sign as farmers cut fertilizer use. Combined with a likely El Niño, this could reduce yields and push up food prices in 2027.

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Farmers are already making decisions based on higher energy and fertilizer costs, which means lower future food supply and higher prices. I spoke with @npr.org All Things Considered about how #StraitOfHormuz blockade is setting the stage for a food crisis within 6-12 months. tinyurl.com/4d4vz3e3

Severe global food crisis could come within the year, says UN agency

Maximo Torero, Chief Economist at The Food and Agriculture Organization of the United Nations, warns that the war in Iran is choking the global supply of fertilizer and a food crisis could follow with...

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