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Why food prices are likely to become more unstable

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  • Franck Galtier

    (UMR MOISA - Marchés, Organisations, Institutions et Stratégies d'Acteurs - Cirad - Centre de Coopération Internationale en Recherche Agronomique pour le Développement - INRA - Institut National de la Recherche Agronomique - Montpellier SupAgro - Centre international d'études supérieures en sciences agronomiques - CIHEAM-IAMM - Centre International de Hautes Etudes Agronomiques Méditerranéennes - Institut Agronomique Méditerranéen de Montpellier - CIHEAM - Centre International de Hautes Études Agronomiques Méditerranéennes - Montpellier SupAgro - Institut national d’études supérieures agronomiques de Montpellier)

Abstract

Extreme food price volatility is extremely damaging to food and nutrition security. It is likely to increase in the future because: (i) food markets will probably become more vulnerable to shocks; (ii) supply shocks can be expected to increase because of climate change, emerging diseases and armed conflicts that could affect production and trade; (iii) demand shocks are predicted to rise due to the growing links between the food, energy and financial markets.

Suggested Citation

  • Franck Galtier, 2019. "Why food prices are likely to become more unstable," Post-Print hal-05174287, HAL.
    • Handle: RePEc:hal:journl:hal-05174287
    DOI: 10.19182/agritrop/00105
    Note: View the original document on HAL open archive server: https://hal.science/hal-05174287v1
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