This 2012 Global Food Policy Report is the second in an annual series that provides an in-depth look at major food policy developments and events. Initiated in response to resurgent interest in food security, the series offers a yearly overview of the food policy developments that have contributed to or hindered progress in food and nutrition security. It reviews what happened in food policy and why, examines key challenges and opportunities, shares new evidence and knowledge, and highlights emerging issues.

Recent years have been difficult for the world's poor and hungry. By 2009, the worst of the dramatic food price increases had passed, but the world was still reeling from the global economic downturn. As a result, economic activity has lagged, and industrial countries have largely failed to fulfill their commitments to fund efforts to reduce hunger and improve food security. The number of hungry people spiked to more than 1 billion in 2009; the Millennium Development Goal of halving the proportion of hungry people by 2015 looked farther away than ever.

The International Food Policy Research Institute (IFPRI) business-asusual projections of agricultural supply and demand anticipate a rise in food prices of most cereals and meats, reversing long-established downward trends. Between 2005 and 2050, food prices for maize, rice, and wheat are projected to increase by 104, 79, and 88 percent, respectively, while those for beef, pork, and poultry will rise by 32, 70, and 77 percent, respectively.

This Food Policy Report explains why there is a need to place even higher priority on food security-related policies and programs in conflict-prone countries, and offers insights for policymakers regarding how to do so. To understand the relationship between conflict and food security, this report builds a new conceptual framework of food security and applies it to four case studies on Egypt, Somalia, Sudan, and Yemen.