International Agriculture and Trade Outlook No. (WRS-1103) 29 pp

June 2011

Why Have Food Commodity Prices Risen Again?

by Ronald Trostle, Daniel Marti, Stacey Rosen, and Paul Westcott

The report describes the factors that have contributed to the large and rapid increase in agricultural prices during the past year. The report focuses particularly on food commodity prices-which have risen 60 percent since June 2010.

Keywords: Agricultural prices, food commodity prices, prices, supply, demand, global supply, global demand, food inflation, food security, energy prices, biofuel, dollar depreciation

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