, which spilled over into US markets. Anticipating shortages, US households with previous purchases of rice, especially those … supermarket scanner data on US household purchases during the 2008 Rice Bubble, we show that hoarding is in fact more systemic … through over-extrapolation from high prices and contagion, as many households bought rice for the first and last time during …

corn, soybeans, wheat and rice received by U.S. farmers have been more substantial and can be linked in part to increases … evidence that corn ethanol mandates have created a tight link between oil and agricultural markets. Rather increases in food … events or for that matter U.S. biofuel policies help explain the evolution of the real price of rice, which is perhaps the …

National barriers to trade are often varied to insulate domestic markets from international price variability. This …

estimates of agricultural distortions to assess its contribution to the price spikes in 1972-4 and 2006-8 for rice and wheat …. The analysis suggests that 45 percent of the increase in rice prices in 2006-8, and 30 percent of the increase in wheat …-insulating behavior by the industrial countries. This provides little stabilizing benefit in the rice market because countries not …

Agricultural markets in OECD countries have long been highly distorted by government policies. Traditional weighted …