Acronyms and abbreviations ...7
Outlook in Brief ...11
Chapter 1. Overview ....13
Introduction .... 13
The setting....13
World markets at a glance... 16
Main trends in individual commodity markets ... 26
Main developments in food prices .... 36
Issues and uncertainties .... 42
Chapter 2. Price volatility and price transmission ... 49
The global price spike of 2007/08 ... 49
Volatility and uncertainty in agricultural markets ... 51
The transmission of international prices to domestic markets ... 55
Price volatility: what are the policy options? ..60
References ...69
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- OECD-FAO Agricultural Outlook 2010-2019.pdf