International Farm Policy Challenges to 2050 from 1980s imports Watch Video

⏲ Duration: 2 min 25 sec
✓ Published: 06-Aug-2009

Description:
Mr. Alexander Sarris, Director of the Trade and Markets Division of FAO placed the recent price developments in a longer term perspective. Over the period 1957-2008, the data show that the real prices of bulk food commodities have tended to decrease, he said, but since the mid 1980s the tendency seems to have stopped owing to faster demand growth. Professor Sarris did not believe that price volatility had increased in grain markets on a long term basis. Price spikes had been seen before from 197