Agricultural commodity prices have been very volatile since the early 2000s, peaking in 2008, then declining sharply until 2010 before starting to rise again (i). In 2012, prices reached a new peak caused by a historic drought in the United States, but then remained low over 2015–2019, a period that also saw a restocking of inventories of soybean, wheat, and corn. In stark … [Read more...] about How the War between Russia and Ukraine Might Affect Your Dinner in Latin America and the Caribbean
