After 2005, commodity prices experienced their longest and broadest boom since World War II. Agricultural prices have now come down considerably since their 2011 peak, but are still 40 percent higher in real terms than their 2000 lows. This paper briefly addresses the main arguments on the causes of the agricultural price cycle. It broadens the scope of analysis by focusing on six agricultural commodities, and identifies the relative weights of key...
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INFORMATION
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2016/03/01
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Document de travail de recherche sur les politiques
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WPS7589
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1
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1
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2016/03/01
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Disclosed
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What explains agricultural price movements ?
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oil
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