Price and prejudice: Why are food prices so high?

G.W. Meijerink, S. van Berkum, K. Shutes, G. Solano

    Research output: Book/ReportReportProfessional

    Abstract

    Recent high food prices can be explained by tightening world markets. On the one hand, demand for food continues to increase with a growing and richer world population. Demand for biofuels has added to that demand. On the other hand, there have been several weather-induced supply shocks: drought and flooding, in a time when stocks were low. Three additional factors pushed up prices even more: - export bans were imposed by several countries; - the US exchange rate was weak; - oil prices were high.
    Original languageEnglish
    Place of PublicationThe Hague
    PublisherLEI, part of Wageningen UR
    Number of pages105
    ISBN (Print)9789086155187
    Publication statusPublished - 2011

    Publication series

    NameReport / LEI Wageningen UR : Research area International policy
    PublisherLEI, part of Wageningen UR

    Keywords

    • agricultural economics
    • food prices
    • agricultural production
    • biofuels
    • food vs fuel
    • price determining factors
    • markets
    • biobased economy

    Fingerprint Dive into the research topics of 'Price and prejudice: Why are food prices so high?'. Together they form a unique fingerprint.

  • Cite this

    Meijerink, G. W., van Berkum, S., Shutes, K., & Solano, G. (2011). Price and prejudice: Why are food prices so high? (Report / LEI Wageningen UR : Research area International policy). The Hague: LEI, part of Wageningen UR.