What did we learn from the bout of high and volatile food commodity prices (2007-2013)?

Year of publication2017

AuthorFAO

PublisherFAO

AbstractThis research paper looks at the crisis in international agricultural markets during the last decade and draws out some lessons. Although crop prices continue to be volatile, the bout of high prices/high volatility ended by 2015. The initial rapid rise of prices was not predicted, and surprised both market players and the international community more broadly. Considerable policy attention was focused on the crisis – by the UN broadly, by FAO and its members, by G20 heads, agricultural groups, an d national governments.

 

ThemeGlobal Engagement (G20 and G7)

Product typeBook (stand-alone)

SeriesFAO Commodity and Trade Policy Research Working Paper

ISBN978-92-5-109809-7

Areas of workEmerging Trends, Challenges and Opportunities

Keywordsresearch policies; agricultural crisis; agricultural practices; agricultural trade; agricultural prices; prices; market prices; agricultural price policy