International trade in wheat accounts for approximately one third of world grain trade and is expected to double by 2050.The KRU (Kazakhstan, Russia and Ukraine) countries account for approximately a quarter of world wheat exports and are collectively considered one of the key wheat exporting...

High food prices in 2008 and 2010 generated concern about food security in developing countries. The number of food insecure people was estimated to have jumped significantly and food assistance donors were faced with unexpectedly high procurement bills. This paper discusses how high food prices...