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Global agricultural market trends revisited: The roles of energy prices and biofuel production

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The first two sections of the paper draw on von Witzke et al. (2008) who provide a detailed discussion of the Agricultural Treadmill and its end. The authors then present the results of a projection of world market prices of selected agricultural commodities for 2015/17. The paper concludes with a discussion of the implications of their findings for both world food security and policies for the sustained alleviation of global undernutrition.

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