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Summary of Critical analysis of the causes of the explosion in world agricultural prices
Jacques Berthelot
Monday 19 May 2008
by LRAN
Solidarité (http:/solidarite.asso.fr)
I – Classification of the causes of the recent explosion in agricultural prices
One can distinguish the causes linked to the increased demand from those linked to a lower supply or higher production costs, knowing that some causes have had short term effects while others correspond to long term trends.
1) – Causes linked to demand
a) The main cause has been the soaring production of biofuels since 2006 which has reduced the volumes of cereals and oilseeds (...)
I – Classification of the causes of the recent explosion in agricultural prices
One can distinguish the causes linked to the increased demand from those linked to a lower supply or higher production costs, knowing that some causes have had short term effects while others correspond to long term trends.
1) – Causes linked to demand
a) The main cause has been the soaring production of biofuels since 2006 which has reduced the volumes of cereals and oilseeds (...)
