This year's edition of the report focuses on the costs of food price volatility, as well as the dangers and opportunities that high food prices present to poor countries. It outlines how food price volatility affects food security, offers policy options to reduce volatility cost-effectively, and suggests how countries can manage cost increases when they cannot be avoided.

A key message of the report is that increases in food prices are set to continue. The authors pinpoint contributing factors such as climate change-related increases in the frequency of extreme weather events, and stronger linkages between energy and agricultural markets because of growing demand for biofuels.

One of the key points made in the report is that large countries were able to insulate themselves from the crisis, but small countries dependent on imports, especially in Africa, were hard hit. Others include the importance of safety-net mechanisms for alleviating the impacts of food insecurity and laying the foundations for development, and that high food prices offer incentives for improving food security in the long term by increasing investment in agriculture.