| Although food quality and food safety issues seem to dominate discussion and research in Europe, price inflation and economic recession may pose questions over food abundance over the coming years. For the first time since the early seventies, market stability for a number of commodities is seriously questioned. The paper tackles the fluctuation of food prices in the last decade and the reasons behind recent record prices in a series of commodities, trying to investigate whether food shortages may create new problems, even for relatively economically stable nations. Lowering stock levels that induce price volatility, production shortfalls due to adverse conditions that are often correlated to climate change, oil prices, changing diet patterns in regions... |
