INVESTIGATING WORLD HUNGER
GIJC2025
Kuala Lumpur
Thin Lei Win, Lighthouse Reports thin@lighthousereports.com
Margot Gibbs, Lighthouse Reports, margot@lighthousereports.com
Kaamil Ahmed, The Guardian kaamil.ahmed@theguardian.com
Ryan McNeill, Reuters, ryan.mcneill@thomsonreuters.com
Deborah Nelson, University of Maryland dnelson4@umd.edu
GIJN TIPSHEET: Guide to Investigating Food Insecurity
PIONEERING COLLABORATIVE JOURNALISM
Investigating Hunger
Thin Lei Win
Nov 22, 2025
Objectives
4
The Myth: Hunger & Global Food Production
7
Source: Our World in Data
The Myth: Hunger & Global Food Production
8
Source: FAOSTAT
The Myth: Hunger, malnutrition, & poor nations
9
Source: FAOSTAT
The Myth: Hunger, malnutrition, & poor nations
10
Source: FAOSTAT
The Biggest Challenges Facing Food Systems Today
Healthy
Green
Fair
Production
Trade/�Processing
Sale/ Consumption
The Biggest Challenges Facing Food Systems Today
Production
Healthy
Green
Fair
Trade/�Processing
Sale/ Consumption
The Biggest Challenges Facing Food Systems Today
Production
Healthy
Green
Fair
Trade/�Processing
Sale/ Consumption
The Biggest Challenges Facing Food Systems Today
Production
Healthy
Green
Fair
Trade/�Processing
Sale/ Consumption
The Biggest Challenges Facing Food Systems Today
Production
Healthy
Green
Fair
Trade/�Processing
Sale/ Consumption
Examples of food systems investigations
Healthy
Green
Fair
Sources: Civil Eats, Public Eye, ProPublica, Grist, Lighthouse Reports, Lighthouse Reports, Reuters
Examples of food systems investigations
The Findings
What
How
Fair
Source: Lighthouse Reports
Examples of food systems investigations
What
How
The Findings
Healthy
Green
Fair
Source: Lighthouse Reports
Examples of food systems investigations
The Findings
What
How
Green
Fair
Source: Lighthouse Reports
Examples of food systems investigations
What
How
The Findings
Healthy
Green
Fair
Source: The New Humanitarian
Why corporate consolidation is a problem
21
Source: Farm Action Concentration Data, IPES-Food (2023), ETC Group (Updated, 2025)
Global Seed Market
Global Agrichemical Market
Global Agricultural Machinery Market
Global Trade in Agricultural Commodities
Why were egg prices so high in Kenya?
22
Why we need to use a systems lens
23
Source: Jennifer Clapp (IPES-Food)
Military Conflicts
Aid Cuts
Trade Wars & Economic Chaos
Weak Global Institutions
Climate, Biodiversity & Pollution Crises
PIONEERING COLLABORATIVE JOURNALISM
Investigating Hunger Profiteers
Margot Gibbs
Nov 22, 2025
Why do we interrogate food prices?
25
OBJECTIVES
26
Corporate profiteering
27
Corporate profiteering
28
Pepsico: what’s driving profits - volume or price?
29
Profit + loss account: what passing on costs look like
Pre-Ukraine/Cov-19
Cost of sales = $4
Burger = $5
Gross profit = $1
Gross margin = 20%
Markup = 25%
Passing on cost
Cost of sales = $5
Burger = $6
Gross profit = $1
Gross margin = 17%
Markup = 20%
30
Maintaining margins
Cost of sales = $5
Burger = $6.25
Gross profit = $1.25
Gross margin = 20%
Markup = 25%
What do we see in the accounts?
Profit + loss* account of financial statements
31
*also known as
Income Statement
Consolidated Statement of Income
Earnings Statement
Increasing margin/markup
Data for Tyson (here)
= Gross profit ÷ cost of sales
= (Sales revenue - cost of sales)÷ cost of sales�If it increases or stays the same: they are not just passing on costs
32
Profit + loss account: what passing on costs look like
33
Corporate profiteering - source data
Profit and loss accounts give you the data you need.
34
Corporate profiteering - reading list
35
Hunger Profiteers - investigating food speculators
36
Hunger profiteers
37
Who’s driving prices?
38
ETF data (money flows + what ETFs bought):
Wheat closing price, trading volumes:
Who’s buying? Commitments of traders
39
Other methodologies
40
Index of “excessive speculation” using ratio between trading volume and open interest [here]. Information on volumes and total open interest available from trading exchanges and regulators
Speculation profiteers -- hedge funds
41
SogGen index
Speculation profiteers -- investment banks
42
Global food and fuel price crises have helped to drive an “obscene” £4bn increase in trading revenues for the world’s top five investment banks, new research has found.
Of the five investment banks, the biggest winner is Goldman Sachs, according to Lighthouse Reports. The bank has seen an increase of £1.9bn for its fixed income and commodity and currency (FICC) division.
Sources:
Speculation -- pension fund drivers
43
Sources:
Reading list
44
Can we let go of the myth?
45
Weaponising food in conflict
Kaamil Ahmed
The Guardian
How are conflicts stopping people getting food?
47
“We must never accept hunger as a weapon of war” - Antonio Guterres, July 2025
The Black Sea Blockade
48
Gaza: What gets in?
49
The Gaza Humanitarian Foundation
50
Ryan McNeill and Deb Nelson
GIJC2025
Famines are not supposed to happen anymore. There’s an elaborate international system, established 20 years ago, to prevent them — to detect food crises early and head them off before they snowball into mass starvation. It evolved after the worst famine of the century — in Somalia. Yet the last 10 years saw a surge in countries with populations teetering on the edge of famine. Reuters assembled a team to investigate why this was happening.
The system’s official hunger monitor is called the Integrated Food Security Phase Classification (IPC).
It has a 5-phase classification system for food crises that is used by the UN, NGOs and donor nations to determine where to direct assistance. Each phase from stressed onward is supposed to trigger a swift response, aided and abetted by the government of the country in need, to prevent the crisis from reaching the next phase.
What we found is that almost every facet of what I just described above is broken. It’s a system that isn’t well designed to assess or respond to what has become the leading driver of today’s food crises: conflict.
For starters: The evidence, the data that the IPC requires to detect and assess crises — how many people are in jeopardy and to what degree — is near impossible to get out of conflict zones.
The IPC had struggled to get the health data that its classification system relies on due to government resistance and the remote camp’s location in a conflict zone. Facing the same obstacles, we used satellites to document a significant increase in the size of cemeteries around the camp. The IPC hadn’t taken that relatively simple extra step to determine the severity of the situation (though they said they’d try using satellite data going forward).
The IPC was using an antiquated system that relied on paper records and jpegs of data — and that was better suited to hunger crises caused by drought and failed crops than conflicts. There was brief UN recognition of the need to revamp the approach to monitoring and response several years ago, with creation of a special commission by the UN secretary general. But nothing came of it.
Conflict: A leading driver of the world’s worst food crises
Many are in places inaccessible to reporters
due to violence, political obstruction and newsroom resources….
Stories are spatial
It’s not enough to just wave our hands and say something is happening.
The best stories show — with precision — who was affected where and when.
Satellite imagery is DATA
What food insecurities measures can we track with satellites?
Many images to data
Remote sensing
Underneath the hood
aerosols | blue | green | red | red_edge_1 | red_edge_2 | red_edge_3 | nir | red_edge_4 | water_vapor | swir_1 | swir_2 |
0.1164 | 0.1521 | 0.2104 | 0.2764 | 0.3027 | 0.3034 | 0.3151 | 0.3289 | 0.3206 | 0.3482 | 0.3333 | 0.3181 |
0.1208 | 0.1624 | 0.2233 | 0.2940 | 0.3204 | 0.3182 | 0.3297 | 0.3480 | 0.3324 | 0.3680 | 0.3465 | 0.3353 |
0.1216 | 0.1696 | 0.2374 | 0.3116 | 0.3456 | 0.3423 | 0.3538 | 0.3660 | 0.3372 | 0.3942 | 0.3729 | 0.3574 |
0.1190 | 0.1571 | 0.2173 | 0.2826 | 0.3096 | 0.3150 | 0.3259 | 0.3342 | 0.3318 | 0.3622 | 0.3443 | 0.3289 |
0.1156 | 0.1501 | 0.2097 | 0.2764 | 0.3012 | 0.3030 | 0.3110 | 0.3192 | 0.3238 | 0.3507 | 0.3339 | 0.3108 |
0.1146 | 0.1485 | 0.2066 | 0.2743 | 0.3005 | 0.3056 | 0.3139 | 0.3222 | 0.3199 | 0.3543 | 0.3395 | 0.3170 |
0.1153 | 0.1499 | 0.2071 | 0.2724 | 0.3115 | 0.3156 | 0.3206 | 0.3081 | 0.3289 | 0.3679 | 0.3467 | 0.3278 |
0.1130 | 0.1442 | 0.1990 | 0.2643 | 0.2961 | 0.3054 | 0.3142 | 0.3236 | 0.3272 | 0.3582 | 0.3387 | 0.3164 |
0.1068 | 0.1429 | 0.1971 | 0.2649 | 0.2937 | 0.3016 | 0.3151 | 0.3235 | 0.3177 | 0.3627 | 0.3406 | 0.3204 |
0.1007 | 0.1240 | 0.1756 | 0.2401 | 0.2651 | 0.2740 | 0.2855 | 0.2852 | 0.3081 | 0.3495 | 0.3363 | 0.2966 |
Underneath the hood
Example: Tracking vegetation health in Sudan
Example: Tracking vegetation health in Sudan
December 2023
December 2024
Change in NDVI
What got worse?
Time series
Awesome spectral indices
Here’s a random sample of spectral indices pulled from the Awesome Spectral Indices database. I highly encourage you to check out the site.
long_name | application_domain | formula |
Normalized Difference Snow Ice Index | snow | (G - N)/(G + N) |
New Built-Up Index | urban | ((S1 - N)/(10.0 * (T + S1) ** 0.5)) - (((N - R) * (1.0 + L))/(N - R + L)) - (G - S1)/(G + S1) |
Transformed Triangular Vegetation Index | vegetation | 0.5 * ((865.0 - 740.0) * (RE3 - RE2) - (N2 - RE2) * (783.0 - 740)) |
Chlorophyll Carotenoid Index | vegetation | (G1 - R)/(G1 + R) |
Normalized Burn Ratio Thermal 1 | burn | (N - (S2 * T / 10000.0)) / (N + (S2 * T / 10000.0)) |
Redness Index | vegetation | (R - G)/(R + G) |
Transformed Red Range Vegetation Index | vegetation | ((RE2 - R) / (RE2 + R)) / (((N - R) / (N + R)) + 1.0) |
Final thoughts
GIJN TIPSHEET: Guide to Investigating Food Insecurity