Beginning in 1999/2000, global stock to use ratios for the major cereal grains declined rapidly, and just before the beginnings of the world food crisis in the second half of 2006 these ratios had reached their lowest levels in more than 20 years for all of the three major grains (rice, wheat,...

International cereal prices (in US dollar terms) have been increasing since 2003, but it is domestic prices that affect food consumption and production. This paper analyzes, for seven large Asian countries, the extent to which domestic prices have increased since 2003 and presents several...

This paper shows the importance of explicitly considering marketing margins in analyses of the impact of price changes on the welfare of different segments of the population. Failure to acknowledge the implicit marketing assumptions embedded in an analysis that assumes equal percentage changes...