Posts under ‘Food price series’

Food price update & warning from the UN

The United Nation’s Food and Agriculture Organisation (FAO) last week published its twice-yearly Food Outlook, saying that the world should be prepared for a continued rise of food prices in 2011.
With the world population growing fast and standards of living increasing dynamically in many emerging markets, the organisation warns that farmers need to “expand [...]

The food price series (part 4): Commodity prices to rise faster than expected, new report claims

According to a new report jointly published last week by the Organisation for Economic Co-operation and Development (OECD) and the United Nation’s Food and Agriculture Organization (FAO), food commodity prices will increase more strongly than previously thought during this decade.
In other words, we’ll pay more for our food going forward as global demand rises [...]

The food price series (part 3): wheat vs bakery product prices

Last week, we looked at how grain and flour just account for a comparatively small proportion of a typical bakery product’s retail price. This lead us to the vague conclusion that, for example, extreme price changes in the grain markets should translate into significantly smaller changes in the price of a standard loaf of bread. [...]

The food price series (part 2): what we pay for when buying bread

Believe it or not, but we’re getting closer to Boris finally keeping his promise of showing how the price of bread has developed in relation to global grain prices in recent years. So interesting, you can look forward to it!
However, before I give out the data let’s first have a look at what’s included in [...]

The food price series (part 1): A first look at commodity exchanges

As mentioned earlier, food prices are determined by a large number of overlapping factors, some of which I listed in last week’s intro to this series. How these factors influence food prices is probably most obvious, and most immediately visible, at the commodities exchanges.
A commodities exchange is a place where a range of commodities [...]

The food price series: Short intro

As announced in the last couple of posts, here’s the first part of my new series looking at recent global food price developments, the driving forces behind them and what’s likely to happen in the long run.

It’s going to be a loose series of short pieces, with new bits added every few days in the [...]