IDEAS home Printed from https://ideas.repec.org/a/rba/rbabul/mar2011-03.html
   My bibliography  Save this article

Developments in Global Food Prices

Author

Listed:
  • Vanessa Rayner

    (Reserve Bank of Australia)

  • Emily Laing

    (Reserve Bank of Australia)

  • Jamie Hall

    (Reserve Bank of Australia)

Abstract

Global food prices have increased significantly since the early 2000s, reversing the long-run trend decline in relative food prices over previous decades. A range of supply disruptions in key food-producing countries have contributed to higher food prices, along with strong demand from developing countries as per capita incomes rise and consumption patterns change. Rising commodity prices are leading to higher headline consumer price inflation in many countries though, at this stage, core measures of inflation remain relatively contained.

Suggested Citation

  • Vanessa Rayner & Emily Laing & Jamie Hall, 2011. "Developments in Global Food Prices," RBA Bulletin (Print copy discontinued), Reserve Bank of Australia, pages 15-22, March.
    • Handle: RePEc:rba:rbabul:mar2011-03
    as

    Download full text from publisher

    File URL: https://www.rba.gov.au/publications/bulletin/2011/mar/pdf/bu-0311-3.pdf
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. World Bank, 2009. "Global Economic Prospects 2009 : Commodities at the Crossroads," World Bank Publications - Books, The World Bank Group, number 2581.
    2. Alston, Julian M. & Beddow, Jason M. & Pardey, Philip G., 2009. "Mendel versus Malthus: Research, Productivity and Food Prices in the Long Run," Staff Papers 53400, University of Minnesota, Department of Applied Economics.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Brendan Coates & Nghi Luu, 2012. "China's emergence in global commodity markets," Economic Roundup, The Treasury, Australian Government, issue 1, pages 1-30, May.
    2. Tim Atkin & Ellis Connolly, 2013. "Australian Exports: Global Demand and the High Exchange Rate," RBA Bulletin (Print copy discontinued), Reserve Bank of Australia, pages 1-10, June.
    3. Alexandra Dwyer & George Gardner & Thomas Williams, 2011. "Global Commodity Markets - Price Volatility and Financialisation," RBA Bulletin (Print copy discontinued), Reserve Bank of Australia, pages 49-58, June.
    4. Bradbear, Catherine & Friel, Sharon, 2013. "Integrating climate change, food prices and population health," Food Policy, Elsevier, vol. 43(C), pages 56-66.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. John Baffes & Cristina Savescu, 2014. "Monetary conditions and metal prices," Applied Economics Letters, Taylor & Francis Journals, vol. 21(7), pages 447-452, May.
    2. Govinda R. Timilsina & John C. Beghin & Dominique van der Mensbrugghe & Simon Mevel, 2012. "The impacts of biofuels targets on land‐use change and food supply: A global CGE assessment," Agricultural Economics, International Association of Agricultural Economists, vol. 43(3), pages 315-332, May.
    3. Carsten Hefeker & Sebastian G. Kessing, 2017. "Competition for natural resources and the hold-up problem," Canadian Journal of Economics, Canadian Economics Association, vol. 50(3), pages 871-888, August.
    4. -, 2009. "Foreign Direct Investment in Latin America and the Caribbean 2008," La Inversión Extranjera Directa en América Latina y el Caribe, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL), number 1139 edited by Eclac, May.
    5. Lachaud, Michée A. & Bravo-Ureta, Boris E., 2022. "A Bayesian statistical analysis of return to agricultural R&D investment in Latin America: Implications for food security," Technology in Society, Elsevier, vol. 70(C).
    6. Elva Bova & Paulo Medas & Tigran Poghosyan, 2018. "Macroeconomic Stability in Resource-rich Countries: The Role of Fiscal Policy," Journal of Banking and Financial Economics, University of Warsaw, Faculty of Management, vol. 1(9), pages 103-122, May.
    7. Shalendra D. Sharma, 2009. "Dealing with the Contagion: China and India in the Aftermath of the Subprime Meltdown," China & World Economy, Institute of World Economics and Politics, Chinese Academy of Social Sciences, vol. 17(2), pages 1-14, March.
    8. Zhongen Niu & Huimin Yan & Fang Liu, 2020. "Decreasing Cropping Intensity Dominated the Negative Trend of Cropland Productivity in Southern China in 2000–2015," Sustainability, MDPI, vol. 12(23), pages 1-14, December.
    9. Julian M. Alston & Joanna P. MacEwan & Abigail M. Okrent, 2016. "Effects of U.S. Public Agricultural R&D on U.S. Obesity and its Social Costs," Applied Economic Perspectives and Policy, Agricultural and Applied Economics Association, vol. 38(3), pages 492-520.
    10. Jan J. J. Groen & Paolo A. Pesenti, 2011. "Commodity Prices, Commodity Currencies, and Global Economic Developments," NBER Chapters, in: Commodity Prices and Markets, pages 15-42, National Bureau of Economic Research, Inc.
    11. Ivan Roberts & Anthony Rush, 2010. "Sources of Chinese Demand for Resource Commodities," RBA Research Discussion Papers rdp2010-08, Reserve Bank of Australia.
    12. repec:pra:mprapa:37705 is not listed on IDEAS
    13. Karov, Vuko & Roberts, Donna & Grant, Jason H. & Peterson, Everett, 2009. "An Empirical Assessment of Phytosanitary Regulations on US Fresh Fruit and Vegetable Imports," Conference papers 331832, Purdue University, Center for Global Trade Analysis, Global Trade Analysis Project.
    14. Fizaine, Florian, 2018. "Toward generalization of futures contracts for raw materials: A probabilistic answer applied to metal markets," Resources Policy, Elsevier, vol. 59(C), pages 379-388.
    15. Volkert Jürgen, 2009. "Unternehmen als Agenten der Armutsüberwindung und Entwicklung. Ihr Beitrag aus Sicht von Ordoliberalismus und Capability-Ansatz / Corporate potentials to fight poverty and foster human development. Or," ORDO. Jahrbuch für die Ordnung von Wirtschaft und Gesellschaft, De Gruyter, vol. 60(1), pages 389-414, January.
    16. Nora Lustig, 2009. "Coping with Rising Food Prices: Policy Dilemmas in the Developing World," Working Papers 0907, Tulane University, Department of Economics.
    17. Joshua Abbott & James L. Anderson & Liam Campling & Rögnvaldur Hannesson & Elizabeth Havice & M. Susan Lozier & Martin D. Smith & Michael J. Wilberg, 2014. "Steering the Global Partnership for Oceans," Marine Resource Economics, University of Chicago Press, vol. 29(1), pages 1-16.
    18. repec:pra:mprapa:15377 is not listed on IDEAS
    19. Marcus Noland, 2010. "The Twilight of Globalization?," Chapters, in: Noel Gaston & Ahmed M. Khalid (ed.), Globalization and Economic Integration, chapter 2, Edward Elgar Publishing.
    20. Edward O'Boyle & Meade O'Boyle, 2011. "Global poverty, hunger, death, and disease," International Journal of Social Economics, Emerald Group Publishing, vol. 39(1/2), pages 4-17, December.
    21. Baffes, John & Kabundi, Alain, 2023. "Commodity price shocks: Order within chaos?," Resources Policy, Elsevier, vol. 83(C).
    22. ten Brink, Tobias, 2010. "Strukturmerkmale des chinesischen Kapitalismus," MPIfG Discussion Paper 10/1, Max Planck Institute for the Study of Societies.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:rba:rbabul:mar2011-03. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Paula Drew (email available below). General contact details of provider: https://edirc.repec.org/data/rbagvau.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.