The recent declines in the prices of US grains and oilseeds have received much less media attention than the surge last summer, but they have now reversed most of those gains. Admittedly, the prices of other key global foodstuffs have been relatively stable throughout this period. There are also still some local weather-related shortages and other price pressures building in other countries. Nonetheless, the bigger picture is that fears of another global food price crisis have proved to be overdone.
Become a client to read more
This is premium content that requires an active Capital Economics subscription to view.
Already have an account?
You may already have access to this premium content as part of a paid subscription.
Sign in to read the content in full or get details of how you can access it
Register for free
Sign up for a free account to:
- Unlock additional content
- Register for Capital Economics events
- Receive email updates and economist-curated newsletters
- Request a free trial of our services