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Why Are We Talking about This Question ?. Because of What has Happened to Ag. Commodity Prices over the Past 3 Years;First They Sky Rocketed Up;Now They are Crashing Down;Because of Food Price Inflation;Because of Food Riots in 30 Poor Countries;First Let's Look at What Happened-And Then Try
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1. WHAT IS NEXT FOR COMMODITY AND FOOD PRICES ? Alex F. McCalla,
Professor Emeritus, UC Davis
U of A International Week
Edmonton, February 5, 2009
2. Why Are We Talking about This Question ? Because of What has Happened to Ag. Commodity Prices over the Past 3 Years;
First They Sky Rocketed Up;
Now They are Crashing Down;
Because of Food Price Inflation;
Because of Food Riots in 30+ Poor Countries;
First Let’s Look at What Happened-
And Then Try to Put it in Historical Context
Then Turn to The Question
3. Wheat: Near Future- July 2005 – Jan 2009 CBOT