Sept 23 Food Price Inflation

Sept 23 Food Price Inflation -...

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    Food Price Inflation and Analysis 9-23-10 AEC 305, Food and Agricultural Marketing Principles AEC 305, Food and Agricultural Marketing Principles 9/28:  Journals Due 9/30:  Exam I What’s Driving Food Price Inflation? , The Main Street Economist, Federal  Reserve Bank of Kansas City, 2008  http://www.kansascityfed.org/publications/research/mse/ Do Biofuels Mean Inexpensive Food is a Thing of the Past ? Summer 2007 www.card.iastate.edu/iowa_ag_review/summer_07/article2.aspx http://www.metacafe.com/watch/1484864/understanding_the_rising_cost_of_f Introduction, Chapters 1 and 2 “The Economics of Food” Congressional Research Service Resport:  www.nationalaglawcenter.org/assets/crs/RS22859.pdf
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    0 1 2 3 4 5 6 7 8 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 Annual Percenage Change Source: Bureau of Labor Statistics Food Price Inflation
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    -2 0 2 4 6 8 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 Annual Percenage Change Food Price Inflation CPI for ALL Items Source: Bureau of Labor Statistics Food Price Inflation vs  Overall Inflation(1990-2008)
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    AEC 305, Food and Agricultural Marketing Principles AEC 305, Food and Agricultural Marketing Principles Notes that food price inflation in 2007 rose 2X the overall  inflation rate With increasing world population and incomes, the article  poses the question of whether this we are in a new era of  rapidly increasing food prices Answer depends on whether agriculture can increase  supplies greater than anticipated increasing demand What’s Driving Food Price Inflation? , The Main Street  Economist, Federal Reserve Bank of Kansas City, 2008  http://www.kansascityfed.org/publications/research/mse/
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    Videos on Food Price Increases Factors Causing the Increase:  http://www.metacafe.com/watch/1484864/understanding_the_risin Food Price Increases in 2008:  http://www.metacafe.com/watch/1244406/food_prices_squeeze_famili Food Riots:  http://www.youtube.com/watch?v=JMZ6zt3OHK8
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    Food vs Fuel Debate AEC 305, Food and Agricultural Marketing Principles AEC 305, Food and Agricultural Marketing Principles Corn Feed Livestock Food Fuel  (25-30% of the U.S. Crop)
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    Food vs Fuel:  Opponents/Supporters  of the Biofuels Initiative
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Sept 23 Food Price Inflation -...

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