food prices

722 of the world’s biggest corporations together raked in over $1 trillion in windfall profits each year for the past two years amid soaring prices and interest rates, while billions of people are having to cut back or go hungry. 

Over a quarter of a billion more people could crash into extreme levels of poverty in 2022 because of COVID-19, rising global inequality and the shock of food price rises supercharged by the war in Ukraine, reveals a new Oxfam brief today. 

The global repercussions of the Ukraine crisis ―already being felt in fast-rising food, commodity and energy prices― could undermine official aid efforts to help people in other humanitarian hot-spots. 

All around the world, millions of small-scale farmers, fishers and workers endure inhumane conditions to produce the food we all eat. We can change this. Join us and help us reveal what is behind the price of the food we buy. Together, we can tackle this injustice and help stop the human suffering behind our food.

The “Global Report on Food Crises”, released today by the Food Security Information Network, says that more than 113 million people across 53 countries experienced acute hunger and required urgent food, nutrition and livelihoods assistance in 2018. This is a human-made crisis caused by conflict, climate change, and a broken global food system, says Oxfam France’s Executive Director Cécile Duflot.

This focused Human Rights Impact Assessment (HRIA) of SOK Corporation's Italian processed tomato supply chains is a pilot for the company's new approach to assessing human rights impacts in high risk supply chains that goes ‘beyond audits’.

The seafood industry is worth more than $150bn per year. But it comes at an unacceptable price: the suffering of the people who produce it. In Southeast Asia, workers describe the harsh conditions that are far too common in this industry. Stand with them and help us reveal what’s behind the price of food we eat.

 

Did you know that some fishermen in Southeast Asia report working at sea for up to 14 hours a day and 27 days a month, earning as little as $0.50 per hour?  Whether it is fished or farmed, sold in local markets or stocked on supermarket shelves, too much of the food we buy is produced at the expense of human welfare. Learn more and take action.

Members of the European Parliament from all political groups voted for tightening proposed rules against food speculation, but fell short of the votes needed to force the Commission to amend them.

New rules adopted today by the Commission to limit food and commodity price speculation will prove ineffective in ending a gambling which puts the lives of millions of people in the developing world at high risk.