food price volatility

This paper analyses the trade-off between price distortions and reduced volatility when governments intervened in agricultural and food markets during the recent food price spikes and concludes that there is much room for policy improvement. The authors develop a model to derive how much distortions a government would introduce when it cares about price stability in a situation with limited policy options and show that there is a trade-off and identify the optimal combination of distortions and stability for given international price shocks and interest groups preferences for stability. »

This article investigates how other indicators than just international food price spikes influence food price volatility and child malnutrition in Niger and Malawi. In recent times, considerable attention has been paid to the nutritional impact of the sharp hikes in the international food prices which took place in 2007–8 and 2010–11. While understandable, this growing focus has perhaps obscured the impact of other variables affecting malnutrition in Sub-Saharan Africa. »

This policy brief identifies policy interventions that can anticipate and mitigate the negative dietary and nutritional outcomes of price volatility and market uncertainty. Food price volatility is a serious global concern. Since the food crisis of 2008, the world has struggled to address unexpected, rapid rises and falls in global food prices, which have sparked political unrest and increased economic risks across the food system. »

This article examines the impact that export restrictions have on price volatility. Since 2007 food prices have become significantly higher and more volatile. This impacts food security because it affects household incomes and purchasing power. A more and more frequent response to price volatility is the use of export restrictions to stabilize domestic prices. However, when a country is a large exporter, the restrictions can even increase global price volatility. »

This report (PDF) by IDS and Oxfam highlights the third year results of the study Life in a Time of Food Price Volatility, with a focus on changes in diets. The report explores what people on low and precarious incomes are eating now and how they are responding to the increasing commodification of food. Furthermore, the paper uncovers how these changes are linked to adjustments in work, residence and home life. »

This article in Food Policy Journal examined the relationship between household-specific producer–consumer food price differentials and rural household cropland allocation between food and high-value crops. The authors tested the hypothesis that cereal price bands induce a shift of resources away from high-value crop production, making smallholders appear unresponsive to price incentives. »