Food Monitor: tracking food security
Extreme price movements of staple food have severe impacts, especially on poor people. The Center for Development Research (ZEF) of Bonn University has developed in cooperation with the International Food Policy Research Institute (IFPRI) based in Washington D.C., USA, Food Monitor (www.foodmonitor.org).
Food Monitor uses an easily understandable traffic light system that processes information innovatively to ensure food price risks are more visible at an early stage of development, which then enables the taking of action through early interventions. By using close to real-time information, Food Monitor provides price information on international markets and their transmission to local markets for major staple commodities, like wheat rice and maize, while informing about the global supply situation at the same time. Through the use of Google news feeds, the latest information about agricultural markets is collected and integrated into a final assessment of the current situation.
The Food Monitor is discontinued as of 1st of January 2021. The monitoring system is still applied at Foodsecurityportal using updated features.
