Why Have Food Commodity Prices Risen Again?: A Report from the Economic Research Service

Why Have Food Commodity Prices Risen Again?: A Report from the Economic Research Service cover
Ronald Trostle(Author), Daniel Marti(Author), Stacey Rosen(Author), Paul Westcott(Author)
 
Publisher : CreateSpace Independent Publishing Platform
Publication date: Jun. 14, 2012
Paperback - 30 pages

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Editorial Review

Product Description
 Sharp increases and declines in agricultural commodities are not uncommon, with fi ve such periods over the past 40 years. Since June 2010, prices of food commodities (grains, oilseeds, vegetable oils, meat, seafood, sugar, and fruit) have risen sharply again. This increase is reminiscent of the 2007-08 price spike that spread anxiety among policymakers and low-income consumers around the world, particularly in developing countries dependent on imported food commodities.