2012 continued a disturbing trend in global agriculture: grain consumption outweighed production, forcing a drawdown in reserves.
Browsing the "Grain Prices" Tag
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Last month I started a series of monthly updates on the rising prices of food in international trade. As you can see from the graph above, the trend is continuing so that it looks like we are likely to see prices as high as the previous spike. It is important to note that these indicies […]