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Technical studyCan supply management halt the decline in agricultural commodity prices? 2006
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No results found.The long-term downward trend and variability in agricultural commodity prices pose problems for the agricultural sector and the macroeconomy of commoditydependent developing countries.Declining real commodity prices are seen as the result of the tendency for supplies to increase ahead of demand. This has led to interest in the scope for supply control agreements among producing countries to influence prices, similar to the international commodity agreements of the past.Declining real c ommodity prices are seen as the result of the tendency for supplies to increase ahead of demand. This has led to interest in the scope for supply control agreements among producing countries to influence prices, similar to the international commodity agreements of the past.Declining real commodity prices are seen as the result of the tendency for supplies to increase ahead of demand. This has led to interest in the scope for supply control agreements among producing countries to influe nce prices, similar to the international commodity agreements of the past.Declining real commodity prices are seen as the result of the tendency for supplies to increase ahead of demand. This has led to interest in the scope for supply control agreements among producing countries to influence prices, similar to the international commodity agreements of the past.While an agreement among producing countries to restrict supplies may raise commodity prices, the difficulty is to design work able supply management mechanisms and to maintain the commitment of the parties to such agreements. -
Policy briefThe 2007-08 Rice Price Crisis
How policies drove up prices... and how they can help stabilise the market
2011After increasing slowly and steadily from historic lows, world rice prices tripled in just six months during 2007-08. The price surge caused much anxiety because so many of the world’s poor are rice consumers. And it caught many by surprise as market fundamentals were sound. Indeed, it was government policies, rather than changes in the production and consumption of rice, that drove the surge. This suggests that improved government policies can help avert such crises in the future. -
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