Why have food crises been more frequent in recent years, compared to the last few decades? This book examines an array of different distortions that are causing food supply chain dysfunction in many countries, particularly for staple non-perishable foods such as grains and pulses. It outlines...

1. Integration and forward contracting -- 2. Forward markets -- 3. Problems with risk management -- 4. Position, default, and valuation -- 5. Futures hedging and effectiveness -- 6. Options hedging and price enhancement -- 7. Over-the-counter pricing products -- 8. Tactics and evaluation -- 9....