El Niño and Economic Slowdown Threaten Global Food Security in 2024

Despite challenges, South American crop production expected to improve, providing some relief.

El Niño weather pattern expected to continue into 2024, causing dry conditions in Asia that will affect rice and wheat production.
India, the world's largest rice exporter, has imposed export restrictions due to the expected decrease in production.
Global economic slowdown is reducing aid budgets, with the Food and Agriculture Organization requesting $1.8 billion in donations to support subsistence farmers.
Violence and conflict identified as a key driver of hunger in 12 countries and territories, affecting over 430 million people.
Despite these challenges, South American corn, wheat and soybean production is expected to improve in 2024, with Argentina's crops in particularly good condition.