World food prices declined sharply in March, driven by demand-side contractions linked to the effects of the COVID-19 pandemic and the drop in global oil prices due mostly to expectations of economic slowdown. The FAO Food Price Index declined 4.3 percent from February.
The COVID-19 pandemic has put the world on a crisis footing. Success will entail coherent and robust plans for our food systems. FAO Chief Economist Maximo Torero Cullen outlines a framework for how countries can think about and craft these plans.
